Spain unveils €10bn plan to reach long-delayed Nato defence spending target - short news
Spanish PM says ‘industrial and technological plan’ will ensure country commits to spending 2% of GDP on defence
Spain has announced a €10.5bn investment plan to ensure it will reach its long-delayed Nato commitment of spending 2% of its GDP on defence this year, saying it has become obvious “only Europe will know how to protect Europe” from now on.
The country – which lags well behind other western nations by dedicating about 1.3% of its GDP to defence spending –..
source: The Guardian - 22.04.2025