NATO Allies Diverge on 5% Defense Spending Goal
Originally Published 6 months ago — by Reuters
NATO countries have agreed on a statement to aim for 5% of GDP to be spent on defence and security by 2035, overcoming Spain's initial objections, with the final approval pending leader endorsement at the upcoming Hague summit. The target involves increasing current spending from 2% to 3.5%, plus an additional 1.5% on related areas, with a review scheduled for 2029.