Spain will not adopt NATO's target of 5% of GDP for defense and expects no repercussions, according to Economy Minister Carlos Cuerpo.
Miruna Brosban
International
Foto: pixabay.com
Always see our news on Google
Spain's Economy Minister Carlos Cuerpo says the country will not accept NATO's target of 5% of GDP for defense, saying it will honor its military commitments. Prime Minister Pedro Sanchez confirmed that Spain will spend a maximum of 2.1% of GDP on defense, saying this level is sufficient. Although NATO Secretary General Mark Rutte questioned Spain's position, a diplomatic agreement was reached to ensure the summit went smoothly.
Sources
Latest News
15:35
EU President proposes reducing the budget for 2028–2034 to 1,600 billion euros / Siegfried Mureșan’s reaction
15:30
Germany warns that Russian satellites could disrupt Elon Musk's Starlink network
15:14
Siegfried Mureșan rejects the proposed 8% cuts to the EU budget
14:58
Elena Mateescu, first reaction to the luxury shopping scandal at ANM: “I filed a complaint with the Police”
14:41
Diana Buzoianu sent the inspection to ANM / Inspectors discovered luxury expenses on the institution’s cards
See more news
NEWS ON THE SAME TOPICS
International
NATO allies have launched a "call to action" for increasing private investments in defense
International
Pedro Sánchez defends the handling of the migrant crisis in Ceuta and calls for UN reform
Current Affairs
CSAT approved the Army’s Equipment Plan for 2027–2036. Romania will increase defense spending to 5% of GDP by 2035
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
