2024-06-18 06:20:48

Record Number of NATO Allies Hit Military Spending Targets

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NATO allies, including Germany, Poland, and Estonia, are surpassing the 2% GDP target for defense spending, with 23 countries meeting or exceeding this goal. The increase in spending is a response to Russia's actions in Ukraine, leading NATO to prepare for an expanded role in Ukrainian security.

NATO Secretary General Stoltenberg and President Biden commend the significant rise in defense contributions, highlighting a boost in spending by European and Canadian members. The surge in defense expenditure is the largest seen in decades, with an emphasis on the importance of close partnerships to maintain global security amidst geopolitical challenges.

The press radar on this topic:

New York Times - Europe
17. Juni 2024 um 23:42

Record Number of NATO Allies Hit Military Spending Targets

Politics
President Biden and NATO Secretary General Jens Stoltenberg announced that a record number of allies are meeting their military spending commitments, aiming to show a strong response to Russia's actions in Ukraine. NATO is preparing to take on a larger role in Ukraine's security, with plans for security assistance and training. The number of allies meeting the 2% GDP spending target on defense has increased significantly over the years.
n-tv.de Politik
18. Juni 2024 um 00:29

Stoltenberg praises record increases: Germany meets NATO's two-percent goal - n-tv.de

Politics
Finance
NATO Secretary General Stoltenberg and US President Biden praise Western defense spending at record pace. More than 20 NATO countries, including Germany, will spend at least two percent of GDP on defense. Poland and Estonia currently have the highest defense spending, while Spain, Slovenia, Luxembourg, Belgium, Canada, Italy, and Portugal will miss the NATO target.
n-tv.de
18. Juni 2024 um 00:29

23 countries meet Two-Percent-Goal: Stoltenberg assesses NATO record contributions - n-tv.de

Politics
NATO Secretary General Jens Stoltenberg and US President Joe Biden confirm that 23 countries have met the alliance's Two-Percent-Goal. Germany reports estimated defense expenditures of 90.6 billion euros for the current year, exceeding the target. Europe and Canada have seen an increase in their defense spending by 18 percent.
n-tv.de Politik
18. Juni 2024 um 00:29

23 countries at two percent goal: Stoltenberg praises record contributions for NATO - n-tv.de

Politics
Finance
Due to the war in Ukraine, Western countries are increasing their defense spending at a record pace. 23 countries have reached the NATO's two percent goal, including Germany. The allies of the USA are increasing their defense spending by 18 percent, which is the largest increase in decades.
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