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What happened at NATO: the new defense budget explained

Reuters · 9 days ago
Reuters
Reuters
9 days ago

NATO leaders endorsed a big new defense spending target at an alliance summit in The Hague on Wednesday (June 25), as demanded by U.S. President Donald Trump. Here are some key points about the new target explained.

BreakdownGenerated by LeadStory AI
  • NATO leaders agreed to increase defense spending to 5% of economic output. 13s
  • The new target includes 3.5% for core defense and 1.5% for broader security investments. 24s
  • The increase responds to evolving threats like cyberattacks and drone warfare. 44s
  • The decision is influenced by Russia's actions in Ukraine and US calls for higher investment. 1m 41s
  • Targets will be reviewed in 2029 and are expected to be met by 2035. 1m 53s
International PoliticsMilitary & Conflict