NATO Could Raise Its Future Defense Spending to 5 Percent

EU Members of NATO Ready to Raise Defence Spending Beyond 2% of GDP, Costa Says
LISBON (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that will set a new level, European Council President Antonio Costa said.
NATO Could Raise Its Future Defense Spending to Five Percent
The proportion of NATO nations meeting the two percent benchmark has skyrocketed since 2022. Today, some members are aiming even higher.
Portugal says to meet NATO defence spend minimum earlier
LISBON: Portugal on Monday (Jan 27) said it was ready to bring forward its planned increases on defence spending - among the lowest in NATO - to meet the defence alliance's two-per cent of GDP minimum before 2029.
EU NATO members ready to raise defence spending beyond 2% of GDP
The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that will set a new level, European Council President Antonio Costa said.
EU leaders set to raise defense spending above 2% - European Council President
President of the European Council, António Costa, stated that EU members who are also part of NATO are likely to agree to raise the target defense spending level above the current 2% of GDP at the alliance's June summit,
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