Madrid, April 22, 2025 (AFP) - Spain to hike defence spending to 2% of GDP in 2025: PM

NAMPA / AFP

2025-04-22

Spain will invest more than 10 billion euros to increase its defence spending -- proportionally NATO's lowest -- to two percent of annual economic output this year, Prime Minister Pedro Sanchez said on Tuesday. The announcement accelerates a previous timeline that set 2029 as the target year to reach the benchmark agreed by NATO allies but deemed too low by US President Donald Trump. Russia's three-year-old invasion of Ukraine and Trump's questio......

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