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Spain to meet NATO 2% defence target by 2025
EuronewsEN -
22/04
The Spanish Prime Minister confirmed an additional €10.4 billion investment in defence and security to bring the country's spending from 1.28% of GDP in 2024 to the 2% NATO target agreed in 2014. #EuropeNews
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Spain will invest an additional €10.4 billion in defence to meet NATO's 2% target by 2025, Prime Minister Pedro Sánchez officially announced after Tuesday's ministerial meeting in Madrid.
The centre-left leader emphasised that Spain remains a “pacifist” country and said the new investments are intended as a deterrent to “those who might think of attacking Europe”.
Less than a fifth of the plan's funds will be allocated to the "purchase o... [Short citation of 8% of the original article]
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