Dutch Central Bank Advocates for Defense Spending on Chips Instead of Tanks
SEMICONDUCTORDEFENSE
The Dutch central bank, De Nederlandsche Bank (DNB), recommends that the Netherlands focus defense spending on civilian-applicable technology like semiconductors instead of military hardware such as tanks. The country plans to increase defense spending to 3.5% of GDP, with an additional €19 billion by 2035. While short-term spending may lead to increased imports, long-term investments in domestic production could stimulate economic growth, despite some components still needing to be sourced from abroad.

Feb 7, 2026, 6:19 AM