Europe Must Spend More—and Spend Smarter—on Defense.

At the WSJ Leadership Institute CEO Summit in London, ABN AMRO CEO and Chairman Marguerite Bérard argues that Europe’s challenge is not just to spend more on defence, but to spend more effectively. He discusses decades of underinvestment, the costs of fragmentation in European defense systems, and what it will take for Europe to build a stronger, more coordinated defense strategy.