NATO allies agree to higher 5% defense spending target

cnbc.com/2025/06/25/nato-allies-agree-to-higher-5percent-defense-spending-target.html

NATO allies on Thursday agreed to more than double their defense spending target from 2% of gross domestic product to 5% by 2035, in the most decisive move from the alliance in over a decade.
In a joint declaration, the alliance said it was "united in the face of profound security…

This story appeared on cnbc.com, 2025-06-25 12:27:14.
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