Eighteen members of NATO will spend at least 2% of GDP on defense, the security bloc’s top official revealed amid renewed anxiety about the U.S. commitment to the trans-Atlantic alliance.
“That is another record number, and a sixfold increase from 2014, when only three Allies met the target,” NATO Secretary-General Jens Stoltenberg announced Wednesday. “In 2024, NATO Allies in Europe will invest a combined total of $380 billion in defense. For the first time, this amounts to 2% of their combined GDP.”
Stoltenberg unveiled those figures on the cusp of a meeting of NATO defense chiefs. The NATO leaders will mark the 75th anniversary of the alliance in Washington, D.C., in July. That comes just days before the Republican National Convention in Read more…
