Spain says it will meet Nato’s defence spending goal of 2% of GDP this year
Prime Minister Pedro Sanchez said his government would raise defence spending by 10.5 billion euros.
By contributor Associated Press Reporter
Published
Spain will meet Nato’s defence spending target this year, Spanish Prime Minister Pedro Sanchez has said.
The news comes as pressure grows on the eurozone’s fourth-largest economy to boost its military expenditure.
Mr Sanchez said the government would raise defence spending by 10.5 billion euros (£9 billion) to reach Nato’s target of 2% of GDP.
The spending would go towards telecommunications, cybersecurity and buying military equipment, he said, as well as raising salaries and adding troops.
