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The defense alliance of 32 countries is planning to invest billions in its security over the coming decade. But it’s a splurge that some European NATO members, saddled with huge debt burdens, can ...
NATO is already planning to increase its defense spending target from the current 2% of GDP. "I assume that in The Hague we will agree on a high defense spend target of, in total, 5%," said NATO ...
NATO Secretary-General Mark Rutte was optimistic the European members and Canada would commit to invest at least as much of their economic ... The United States is NATO’s most powerful member.
In 2024, NATO member countries spent an average of 2.61% of their gross domestic product (GDP) on defense, but the figures vary widely across the alliance.
NATO defense ministers are proposing a 5% annual investment in defense spending by member nations to enhance defensive capabilities during a meeting in Brussels on Thursday.
THE HAGUE, Netherlands — NATO's summit in the Netherlands on Wednesday has been described as "transformational" and "historic." "We're witnessing the birth of a new NATO," Finland's President ...
NATO members are set to agree to a goal to increase their defense spending level to 5% of their GDP as a means to address a long-held grievance by President Donald Trump.
NATO’s architecture of command reflects that asymmetry. Today, the political and economic reality is very different, and yet the asymmetric command structure persists, preventing Europeans from ...
NATO Secretary-General Mark Rutte said that he expects alliance members to agree during next month's summit to a defense spending target of 5% of gross domestic product.
U.S. President Donald Trump and his NATO counterparts are gathering this week for what might be a historic summit. It could also drive a wedge among the 32 member countries.
NATO wants European members to expand air defenses fivefold - report Jun. 04, 2025 6:26 AM ET SPDR® S&P Aerospace & Defense ETF (XAR) , PPA , DFEN , EUAD , ITA , SHLD , NATO By: Jessica ...
Rutte runs NATO headquarters, trying to foster consensus and to speak on behalf of all members. NATO’s military headquarters is based nearby in Mons, Belgium. It is always run by a top U.S. officer.