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The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge demanded by U.S.
NATO members agreed to a big increase in their defence spending target to 5% of gross domestic product, as demanded by ...
Trump deemed the summit in The Hague this week a resounding success, while taking aim at Spain's refusal to commit to dramatic spending increases for defense.
As Nato leaders meet to agree big increases in targets for defence spending, some of them haven't yet met the existing ones.
The Spanish government is almost alone up against a bloc led by the US, Germany and France in favor of dedicating 5% of GDP to military spending ...
Sánchez says he saved the country from the 5% defense spending hike, but the US president has announced trade retaliation ...
The Nato summit at the end of June left Donald Trump happy. The US president hailed the ”tremendous” agreement by the ...
MADRID (AP) — Spain has rejected a NATO proposal to spend 5% of gross domestic product on defense needs that’s due to be announced next week, calling it “unreasonable.” ...
In a letter sent Thursday to NATO Secretary-General Mark Rutte, Spanish Prime Minister Pedro Sánchez said that Spain "cannot commit to a specific spending target in terms of GDP" at next week's ...
The Spanish government has committed to NATO to increase the number of troops by 11 percent, or 14.000, within ten years, ...
Spain spent 1.24% of GDP on defence in 2024, or about 17.2 billion euros ($19.8 billion), according to NATO estimates, making it the lowest spender in the alliance as a share of its economic output.
A NATO official on Thursday said that discussions among allies were ongoing about a new defense spending plan. “For Spain, committing to a 5% target would not only be unreasonable, but also ...
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