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74 new news items in the last 24 hours
3 June 16:51

Nicușor Dan, statements on defense spending: Romania will increase budget despite record deficit

Sanziana Georgescu
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Economy
sursa foto: shutterstock.com
In the context of a record budget deficit, Romania commits to increase the defense budget to 5% of GDP, in compliance with NATO requirements. President Nicușor Dan underlines the importance of standardizing military spending in Europe and notes that the NATO summit will discuss this proposal. Romania, with the current 2.3%, will have to add 1.5% for military infrastructure, including the modernization of the port of Constanta and the improvement of transport links.

Sources

sursa imagine
Stiripesurse
Nicușor Dan anunță cheltuieli record pentru înarmare: 5% din PIB e în interesul nostru
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Romania TV
Nicușor Dan, declarații privind alocarea a 5% din PIB pentru apărare: „Amenințarea este reală și nu ne permite să nu cheltuim”

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Mark Rutte, the Secretary General of NATO, announced that Romania allocates over 2% of its GDP for defense, with plans to reach 3.5% by 2030.
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Current Affairs
Nicușor Dan, after discussions with Mark Rutte: Romania is implementing the National Strategy for Defense Industry 2024-2030, investing in strengthening military capabilities and collaboration within NATO.
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Current Affairs
President Nicușor Dan, at the NATO-Industry Forum 2025: "Peace and security are never guaranteed, which is why rearmament is not a choice, it is a necessity"
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Politics
Nicușor Dan states that Romania has the potential to become an innovation hub in the defense industry, having a tradition and expertise in the field.
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International
Lithuania will allocate 5.38% of GDP for defense in 2026, a significant increase due to the deteriorating security situation in the region.
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Current Affairs
Ionuț Moșteanu states that Romania's interest rates on loans exceed the Defense budget.
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Nicusor Dan defense expenditure NATO 5% of GDP budget deficit

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