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161 new news items in the last 24 hours
25 June 10:15

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
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International
Foto: pixabay.com
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.

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Spania respinge vehement ținta NATO de 5% din PIB pentru Apărare și susține că nu se așteaptă la repercusiuni
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Financial Intelligence
Spania nu se aşteaptă la repercusiuni ca urmare a refuzului său de a îndeplini obiectivul NATO de 5% din PIB pentru apărare

ȘTIRI PE ACELEAȘI SUBIECTE

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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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Politics
The Romanian Minister of Defense, Ionuț Moșteanu, discussed with his Spanish counterpart about cooperation in the field of defense and regional security, during a meeting in Brussels.
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Politics
The Minister of Defense, Ionuț Moșteanu, states that Romania has one of the most advanced legislations in the EU, which allows the Army to take down any unauthorized flying object.
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International
Dutch Prime Minister Rutte stated that NATO is 25 times economically stronger than Russia, emphasizing confidence in the military forces of the Alliance.
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Spain NATO GDP

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