Monday, July 14, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Spain reaches deal with NATO ahead of summit to be excluded from 5% defense spending goal

by ABC News
June 22, 2025
in World
Reading Time: 2 mins read
A A
0
Home World
Share on FacebookShare on Twitter


MADRID — Spain reached a take care of NATO to be excluded from a 5% of GDP protection spending goal, days earlier than the navy alliance’s leaders will collect at a summit, Prime Minister Pedro Sánchez stated on Sunday.

“Spain will, due to this fact, not spend 5% of its GDP on protection, however its participation, weight and legitimacy in NATO stay intact,” Sánchez stated in a televised deal with.

Sánchez stated that Spain would be capable of preserve its commitments to the 32-nation navy alliance by spending 2.1% of GDP on protection wants.

In letters exchanged on Sunday between NATO Secretary-Basic Mark Rutte and Sánchez, Spain was granted the exemption and the language across the 5% spending goal was made to now not embrace “all allies,” Sánchez stated.

On Thursday, Sánchez informed Rutte in a separate letter that Spain couldn’t decide to the spending goal. The transfer threatened to derail the upcoming summit at The Hague, which U.S. President Donald Trump is because of attend, since any new spending pointers should made with the consensus of all 32 NATO member states.

Final yr, Spain spent 1.28% per NATO estimates on navy expenditure, making it the alliance’s lowest spender. In April, Sánchez introduced that the federal government would increase protection spending to 2% this yr, a transfer that he acquired pushback for at house together with from some allies.

On Friday, Trump stated Spain “has to pay what everyone else has to pay,” calling the eurozone’s fourth-largest financial system “a really low payer.”

“They have been both good negotiators or they weren’t doing the suitable factor,” Trump informed reporters.

On Sunday, Sánchez stated Spain “believes that Europe ought to take cost of its personal protection, an thought aligned with opinions resembling these expressed by President Trump.”

However he referred to as reaching a 5% spending goal “incompatible with our worldview.”



Source link

Tags: aheaddealDefenseexcludedGoalNATOreachesSpainSpendingsummit
Previous Post

$96,000 Or $144,000? Bitcoin Mayer Multiple Chart Present Price Target Options

Next Post

Options Market Still Tilts Bullish Despite Bitcoin’s Dip Below $100K

Related Posts

Donald Trump to be hosted by King Charles at Windsor Castle on anniversary of Queen Elizabeth’s funeral

Donald Trump to be hosted by King Charles at Windsor Castle on anniversary of Queen Elizabeth’s funeral

by Matt Wilkinson
July 13, 2025
0

DONALD Trump will likely be hosted by the King at Windsor Fortress on the anniversary of Queen Elizabeth’s funeral.The US...

Cameroon’s 92-year-old president seeks 8th term amid health rumors and political challenges

Cameroon’s 92-year-old president seeks 8th term amid health rumors and political challenges

by WILSON MCMAKIN Associated Press
July 13, 2025
0

YAOUNDE, Cameroon -- YAOUNDE, Cameroon (AP) — Cameroon's 92-year-old president introduced Monday he'll search his eighth time period within the...

Israeli strike kills children collecting water, Gaza officials say. IDF says there was a malfunction

Israeli strike kills children collecting water, Gaza officials say. IDF says there was a malfunction

by Euro Times
July 13, 2025
0

A minimum of eight Palestinians, most of them kids, had been killed and greater than a dozen others had been...

China’s Defense Ministry Accuses Japan of Creating Maritime, Air Security Risks

China’s Defense Ministry Accuses Japan of Creating Maritime, Air Security Risks

by Author
July 13, 2025
0

https://sputnikglobe.com/20250713/chinas-defense-ministry-accuses-japan-of-creating-maritime-air-security-risks-1122433592.htmlChina's Protection Ministry Accuses Japan of Creating Maritime, Air Safety DangersChina's Protection Ministry Accuses Japan of Creating Maritime, Air Safety...

Meet the Frenchman who became Russian nobility – and the Russian exile who charmed de Gaulle — RT World News

Meet the Frenchman who became Russian nobility – and the Russian exile who charmed de Gaulle — RT World News

by RT
July 13, 2025
0

What if the actual story of France and Russia is instructed not by treaties – however by two males who...

‘Series of bad decisions’: Report on Trump assassination attempt out; was Secret Service aware of threat?

‘Series of bad decisions’: Report on Trump assassination attempt out; was Secret Service aware of threat?

by TOI World Desk
July 13, 2025
0

Secret Service brokers encompass Donald Trump moments after the July 13, 2024 assassination try in Butler, Pennsylvania Secret Service officers...

Next Post
Options Market Still Tilts Bullish Despite Bitcoin’s Dip Below 0K

Options Market Still Tilts Bullish Despite Bitcoin’s Dip Below $100K

Senate Democrats Kill Provision Allowing Trump To Ignore Courts In Big Beautiful Bill

Senate Democrats Kill Provision Allowing Trump To Ignore Courts In Big Beautiful Bill

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Oil edges up, investors eye Trump statement on Russia

Oil edges up, investors eye Trump statement on Russia

July 14, 2025
Hogs Easing Lower into the Weekend

Hogs Easing Lower into the Weekend

July 14, 2025
Donald Trump to be hosted by King Charles at Windsor Castle on anniversary of Queen Elizabeth’s funeral

Donald Trump to be hosted by King Charles at Windsor Castle on anniversary of Queen Elizabeth’s funeral

July 13, 2025
Why decentralization may surpass speed in DeFi’s next chapter

Why decentralization may surpass speed in DeFi’s next chapter

July 14, 2025
Cameroon’s 92-year-old president seeks 8th term amid health rumors and political challenges

Cameroon’s 92-year-old president seeks 8th term amid health rumors and political challenges

July 13, 2025
Patient Capital Management Q2 2025 Investment Review

Patient Capital Management Q2 2025 Investment Review

July 13, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Oil edges up, investors eye Trump statement on Russia

Hogs Easing Lower into the Weekend

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In