The GroenLinks-PvdA party in the Netherlands has released a plan linking increased defense spending to economic and social reforms. The proposal outlines fifteen principles to ensure efficient defense spending, prioritizing European collaboration and avoiding compromising social programs.

To fund these investments, the party suggests allowing the national debt to rise and utilizing the European Commission’s “national escape clause.” They also propose a “solidarity contribution” from profitable companies and wealthy individuals.

Specifically, GroenLinks-PvdA aims to increase the bank tax, abolish tax deductions for companies buying back shares, and introduce a financial speculation tax. These measures are projected to generate 2.6 to 3.8 billion euros annually.

The party emphasizes the need for a detailed investment plan with expenditure oversight, focusing on areas where the Netherlands excels, such as maritime and logistical capabilities, as well as drone, sensor, cyber, and space technology.

Party leader Frans Timmermans has also expressed the ambition for the government to acquire a stake in strategically relevant defense companies, aiming for at least 25 percent ownership, potentially reaching a blocking minority at 34 percent or strategic control at 51 percent.

This government interest would allow society to benefit from future profits in the defense industry, prevent unnecessary price increases, and grant these companies priority with orders, multi-year contracts, and higher advance payment percentages.

Furthermore, GroenLinks-PvdA advocates for long-term structural support for Ukraine through fixed annual contributions, similar to the United Kingdom, and seeks a complete end to European purchases of oil, gas, and enriched uranium from Russia. The party also aims to modernize the armed forces mainly in a European context, avoiding purchases in the US and none in Israel.