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123 new news items in the last 24 hours
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  2. International

Norway will increase defense spending to 3.5% of GDP, with additional security purposes of 1.5%, according to the prime minister.

Emese Grancsa
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20 June 2025, 12:43
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Norwegian Prime Minister Jonas Gahr Stoere has announced plans to increase defense spending to 3.5% of GDP, including support for Ukraine. Norway will also allocate 1.5% of GDP to extended security. In 2024, defense spending was around 2.2% of GDP, and the country is aiming for 3.3% by 2025. The 5% target will probably be reached after 2030, depending on NATO decisions. Norway, with a sovereign wealth fund of almost $2 trillion, can sustain these increases without borrowing.

Sources

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G4Media
Norvegia intenţionează să adere la obiectivul NATO de 5% din PIB pentru apărare şi securitate
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Financial Intelligence
Norvegia intenţionează să adere la obiectivul NATO de 5% din PIB pentru apărare şi securitate
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Digi24
Norvegia vrea să adere la obiectivul NATO de 5% din PIB pentru apărare şi securitate
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caleaeuropeana.ro
Norvegia este de acord cu ținta de 5% din PIB pentru apărare și intenționează să își majoreze cheltuielile în domeniu pentru „a contribui la securitatea noastră comună împreună cu aliații din NATO”

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NEWS ON THE SAME TOPICS

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International
The Prime Minister of Bulgaria, Rumen Radev, announced the intention to increase defense spending to 5% of GDP, fulfilling NATO commitments.
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Economy
Germany invests 110 billion euros in Defense until 2027
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Prime Minister Andrej Babis announced that the Czech Republic will not meet the 2% of GDP defense target this year
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Bulgaria is set to increase military spending to 5% of GDP, thus complying with NATO requirements.
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Mark Rutte emphasized the importance of defense spending, mentioning that countries need to have a "credible path" to reach 5% of GDP by 2035.
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Current Affairs
Nicușor Dan: Romania assumes an increase in defense spending to 3.7% of GDP and joins the NATO Drone Edge program.
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