June 27, 2025

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Nato set to agree big spike in defence spending at 'historic summit'

Nato set to agree big spike in defence spending at 'historic summit'

Summary

At a Nato meeting in The Hague, leaders discussed increasing defense spending to 5% of their economic output. The United States pushed for this change, aiming to balance the financial responsibilities among member countries. Some countries, like Spain and Belgium, expressed doubts, but the goal is to enhance mutual defense and continue supporting Ukraine.

Key Facts

  • Nato leaders met in The Hague to discuss defense spending increases.
  • The US president has been encouraging allies to raise their defense budgets.
  • Leaders aim to increase spending to 5% of economic output.
  • Spain rejected the 3.5% defense spending target by 2035.
  • Some Belgian leaders also have concerns about higher spending targets.
  • The summit included discussions on supporting Ukraine.
  • The meeting was short, with a summary agreement at the end.
  • Discussions highlighted Nato's commitment to mutual defense agreements.

Source Information