NATO Leaders Agree To 5% Hike In Defense Spending As Rutte Warns ‘No Opt-Outs Or Side Deals’ As expected, NATO members have agreed to new commitment to significantly boost defense spending, aiming to raise military budgets to 5% of GDP over the next decade—more than double the current 2% benchmark—at the ongoing major annual summit being held in The Hague. NATO’s 32 leaders proclaimed Wednesday: “Allies commit to invest 5% of GDP annually on core defense requirements as well as defense-and security-related spending by 2035 to ensure our individual and collective obligations.” The Trump-backed decision is being finalized in Netherlands this… — Continue at ZeroHedge News : Read More
