2024-07-10 20:07:59
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Politics
NATO's Strong Push for Increased Defence Spending Among Members
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EURACTIV.de
NATO Examines Ways to Achieve War Readiness
Politics
Economy
NATO is discussing new defense plans with record-breaking military spending to be prepared for an "aggressive Russia". The two percent target for defense spending is in focus, with some countries aiming for more than 3%. To implement the plans, the Western defense industry is to be expanded.
n-tv.de
0.25 Percent of GDP: FDP Politician Calls for Ukraine Solidarity Tax from NATO States - n-tv.de
Politics
Economy
FDP politician Marcus Faber is calling for all NATO states to provide 0.25 percent of their gross domestic product annually as military aid for Ukraine. Similar to the 2 percent target for defense spending, this should be mandatory. The head of the Munich Security Conference, Christoph Heusgen, is also calling on NATO to help Ukraine faster and more comprehensively, for example by delivering Taurus cruise missiles.
Al Jazeera
NATO pushes members to raise defence spending to 2% of GDP
Politics
Economy
NATO is holding a summit in Washington, DC, to mark its 75th anniversary. Members are under pressure to raise military spending to 2 percent of their gross domestic products, a demand long made by US presidential contender Donald Trump. The celebrations come at a time of uncertainty over the US presidential election and the Russia-Ukraine war, raising questions about the necessity of higher defense spending during economic uncertainty.
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