NATO: France Says It Is Ready to Join the 5% of GDP Target in Security Expenditure
Summary by Le Figaro
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NATO: France Says It Is Ready to Join the 5% of GDP Target in Security Expenditure
The Secretary-General of NATO Mark Rutte hopes that the Alliance countries will spend at least 3.5% of their Gross Domestic Product (GDP) on military expenditure stricto sensu by 2032, but also 1.5% on broader security expenditure, such as infrastructure.
·Paris, France
Read Full ArticleMore Pressure for Sánchez: NATO Is Preparing to Raise the Defense Spending Target to 5% of GDP as Trump Calls For
Rutte's plan, discussed this Thursday by the Foreign Ministers in Turkey, consists of raising traditional military spending to 3.5% and introducing an additional target of 1.5% of security investment in a broad sense: both must be achieved by 2032. More information: The new Chancellor Merz rejects Sanchez's request to issue European common debt to finance the defense.
·Spain
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