Spain agrees with NATO to skip 5% defence spending target
Spain agreed with the NATO military alliance to be excluded from spending 5% of its gross domestic product on defence, Prime Minister Pedro Sanchez said on Sunday.
"A 5% spending would be disproportionate and unnecessary," Sanchez said in an address on national television.
"We fully respect the legitimate desire of other countries to increase their defence investment, but we are not going to do it," he said, adding Spain could meet all its commitments to NATO, in terms of staff or equipment, by spending only 2.1% of its GDP.
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