Andrea Palasciano

Stay informed with Andrea Palasciano’s coverage and analysis for Fortune.

Nato Secretary General Mark Rutte giving a speech at Chatham House, London, during his visit to the UK. Picture date: Monday June 9, 2025. (Photo by Yui Mok/PA Images via Getty Images)

Europe frets about U.S. retreating from region ahead of NATO

By Andrea Palasciano, Michael Nienaber, and others

Spain’s Prime minister Pedro Sanchez looks on after talking during a parliamentary session at the Congress in Madrid, on June 18, 2025. Corruption allegations prompted the resignation of a close aide of Sanchez sparking tension within his ruling minority coalition. The scandal erupted last week after the Supreme Court said the third-highest-ranking figure in Sanchez’s Socialist Party was suspected of involvement in the awarding of public works contracts in exchange for kickbacks. (Photo by Pierre-Philippe MARCOU / AFP) (Photo by PIERRE-PHILIPPE MARCOU/AFP via Getty Images)

Spain wins exemption from NATO’s 5% defense spending goal

By Andrea Palasciano, Daniel Basteiro, and others

Mario Draghi, former president of the European Central Bank (ECB), during a news conference in the Berlaymont building of the European Commission in Brussels, Belgium, on Monday, Sept. 9, 2024. Draghi called on the EU to invest as much as 800 billion ($884 billion) extra a year to make the bloc more competitive and to commit to the regular issuance of common bonds to compete with China and the US. Photographer: Simon Wohlfahrt/Bloomberg via Getty Images

Mario Draghi says the EU needs €800 billion to rival the U.S. and China, but may face push back from some countries

By Jorge Valero, Andrea Palasciano, and others