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NATO's European states would invest a combined total of $380 billion in defence this year, taking their spending as a whole to an estimated 2% of GDP in 2024 compared to 1.85% in 2023, NATO ...
More than 20 NATO members will meet the military alliance's target of spending at least 2% of GDP on defense this year, Secretary General Jens Stoltenberg said on Monday. Speaking to the Wilson ...
But senior NATO officials concede that countries might have to spend up to 3% of GDP to execute the security blueprint successfully. A new spending target is likely to be announced next year. Rutte also said NATO might set specific targets for member countries to fill military equipment gaps.
Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 7:16 AM. ... (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the UK, the US and ...
On 17 June, while visiting President Biden in Washington, D.C. ahead of the summit, NATO Secretary General Jens Stoltenberg announced that a record 23 of 32 NATO member states were meeting their defence spending targets of 2% of their country's GDP. [70] [71] According to NATO, defence spending for European member states and Canada was up 18% ...
WASHINGTON (AP) — A record more than 20 NATO member nations are hitting the Western military alliance’s defense spending target this year, NATO Secretary-General Jens Stoltenberg said Monday, as Russia's war in Ukraine has raised the threat of expanding conflict in Europe.
BRUSSELS (Reuters) -NATO head Mark Rutte warned the U.S.-led transatlantic alliance on Thursday that it was not ready for the threats it would face from Russia in the coming years and called for a ...
OTTAWA (Reuters) -Canada would have to double current defense spending by fiscal 2032-33 to achieve its stated goal of meeting NATO targets, an increase that could violate fiscal anchors put in ...