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Earlier on Sunday, diplomats said NATO’s 32 member states had agreed on a summit statement setting a 5% of GDP target for annual defense and security spending by 2035, despite Spain’s objections.
In the Trump-brokered agreement for NATO to increase its defense spending, 'defense-related' projects take on a new ...
For now, though, Spain is proving an important point: A generous immigration policy is not a threat to the nation or to a ...
Spain is not the only sceptic among NATO’s ranks. Slovakia, while less vocal, has also expressed ambiguity towards the 5% threshold. President Peter Pellegrini formally backed the target in The Hague, ...
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Spain, for example, has flat-out refused to spend 5 percent on defense. Spanish Prime Minister Pedro Sánchez told NATO ...
Spain said it would not go with the US-made F-35 and would instead look at options like Europe's Eurofighter and FCAS.
Investing.com-- European defense spending looks set to move out of a years-long slumber as rising geopolitical pressures force the bloc to rethink its defense budget. But Bank of America Securities ...
The principal decision to which Rutte was referring was the agreement among ‘allies’ to commit to defence spending of at ...
THE HAGUE, Netherlands — NATO leaders agreed on a massive hike in defense spending Wednesday after pressure from U.S. President Donald Trump, and expressed their “ironclad commitment” to ...
President Trump on Wednesday laid into Spain for expressing reservations about an increase in NATO defense spending, drawing his ire during his press conference at the alliance’s summit on Wednesday.
Since NATO set its defense spending targets in 2014, overall average spending among member states, excluding the United States, has risen from 1.4% of GDP to 2% in 2024.
NATO leaders agreed on a massive hike in defense spending Wednesday after pressure from U.S. President Donald Trump, and expressed their "ironclad commitment" to come to each other's aid if attacked.
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