logo
NATO members agree to 5% defense spending increase

NATO members agree to 5% defense spending increase

DW7 hours ago

NATO members agreed on Sunday to increase defense spending to 5% of their countries' GDP, a benchmark long sought by President Donald Trump, who had complained more vocally than other US presidents that his country had shouldered much of Europe's security for too long.
Spain had sought to block the measure, but ultimately dropped its opposition after a deal was reached for it to be exempt.
It is expected that NATO members will vote in favor of ramping up defense spending to 5% during the upcoming two-day NATO meeting set to start Tuesday in The Hague.
Once adopted, all member nations except Spain will have until 2035 to reach the goal of 5%.
The agreement calls for at least 3.5% of national GDP to be spent on core military needs, while an additional 1.5% can be allocated for related expenditures.
Spain claims exemption
Spanish Prime Minister Pedro Sanchez fought the deal. In a blistering letter to NATO chief Mark Rutte, Sanchez said the 5% figure "would not only be unreasonable, but also counterproductive."
Sanchez went further during a national address on Spanish television. "A 5% spending would be disproportionate and unnecessary," he said.
"We fully respect the legitimate desire of other countries to increase their defense investment, but we are not going to do it," he said, adding that Spain could meet all its commitments to NATO, in terms of staff or equipment, by spending only 2.1% of its GDP.
Of all of NATO's members, Spain has been one of the lowest-spending on defense in relative terms.
Sanchez has also been facing political pressure at home, where a corruption scandal threatens his government. Sanchez's junior coalition partner, the far-left alliance Sumar, is openly hostile to increasing military spending.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

EU lawmakers vote to ban airlines from charging fees for hand luggage
EU lawmakers vote to ban airlines from charging fees for hand luggage

Local Germany

timean hour ago

  • Local Germany

EU lawmakers vote to ban airlines from charging fees for hand luggage

Passengers travelling in Europe should be able to carry on board one personal item, such as a handbag, backpack or laptop and one small hand luggage without having to pay additional fees, members of the European Parliament transport committee concluded on Tuesday. The position aims to bring into EU law a judgement made by the European Court of justice, which ruled back in 2014 that the 'carrying of hand baggage cannot be made subject to a price supplement, provided that it meets reasonable requirements in terms of its weight and dimensions and complies with applicable security requirements'. Currently many low-cost airlines allow passengers to only take one small on-board item for free and charge extra for other hand baggage. The rules vary between airlines and different countries. Tuesday's vote appears to be good news for passengers but it is not final. The change will still have to be endorsed by all MEPs in the full parliament and green lighted by European governments in the EU Council. Airlines against the move Last year the Spanish Ministry of Social Rights and Consumption fined five airlines €179 million for such practices following a complaint by the Spanish consumer organisation OCU (Organización de Consumidores y Usuarios). Consumer groups also lodged a complaint with the European Commission arguing that the EU top court recognised hand luggage as 'an essential aspect of passengers' carriage,' said European consumer organisation BEUC. Advertisement But airlines condemned Tuesday's vote as a limit to 'consumer choice' that will result in 'higher costs for millions of passengers who neither need nor use an extra trolley bag.' Airlines for Europe (A4E), the group representing major air carriers at the EU level, said that 'travelling light is the choice for hundreds of millions of European passengers'. In Spain, for instance, over 50 million passengers 'didn't need an additional piece of cabin baggage last year and had the choice not to have this included as part of their airfare," A4E said. A4E Managing Director Ourania Georgoutsakou said: 'What's next? Mandatory popcorn and drinks as part of your cinema ticket? The European Parliament should let travellers decide what services they want, what services they pay for and, importantly, what services they don't.' The measure, which would apply to all flights departing or arriving within the 27-nation European Union. Advertisement Children must be seated next to accompanying passengers The proposed change to hand luggage fees was part of a package of amendments to passenger rights when travelling by air, rail, sea, coach and inland waterways put forward by the European Commission in 203. The committee also voted to ensure that children under 12 years old are seated next to their accompanying passenger free of charge. People accompanying passengers with reduced mobility should also travel with them for free, and there should be compensation rights in case of loss or damage to their equipment or injury to assistance animals, MEPs said. Italian MEP Matteo Ricci, who is in charge of the file, said the new rules aim to 'protect all passengers, with special attention to persons with disabilities and reduced mobility' and clarify the definition of free hand luggage 'up to a maximum size of 100cm.' Rules for intermediaries New rules also aim to clarify the role of intermediaries, such as ticket vendors or travel agencies, in the reimbursement of air passengers for cancellations, delays or denied boarding. According to the parliament transport committee, these companies should inform passengers at the time of booking about the full cost of the air ticket, intermediation or service fees, and the reimbursement process. This should not take longer than 14 days or, past the deadline, it will be for the air carrier to process the reimbursement within 7 days. Advertisement Multimodal journey In a separate vote, MEPs also backed the proposal to introduce compensation for disruptions in journeys involving at least two modes of transport, for example plane and bus, or train, ferry and plane. If a customer buys a single contract involving multiple transport modes from one operator, and a missed connection results in a delay of 60 minutes or more, the passenger should be offered meals, refreshment and a hotel stay free of charge. 'Switching between transport modes should not mean losing protection against missed connections and assistance', MEPs said. 'Our proposals are intended to strengthen passenger confidence and encourage companies to develop more attractive multimodal offers,' said German MEP Jens Gieseke, who leads on this part. Question on compensation In parallel, the European Parliament and Council are discussing a revision of compensation rules in case of flight delays or cancellations. On Tuesday, MEPs also voted in favour of a common reimbursement form in case of travel disruption, with airlines requested to send passengers the pre-filled form within 48 hours following the problem - 'or activate alternative automatic communication channels'. They also voted on a well a defined list of extraordinary circumstances, such as natural disasters or war, under which airlines can avoid having to pay compensation.

Merz says NATO spending boost to counter Russia
Merz says NATO spending boost to counter Russia

Local Germany

timean hour ago

  • Local Germany

Merz says NATO spending boost to counter Russia

"We are not doing this, as some claim, to do the United States and its president a favour," he told the German parliament before setting off for the gathering in The Hague. "We are doing this based on our own observations and convictions. Russia, above all, is actively and aggressively threatening security and freedom" across Europe, he added. "We have to fear that Russia will continue its war beyond Ukraine." The summit has been viewed as heavily focused on keeping Trump happy after he made comments that sparked concern about Washington's commitment to NATO and insisted that other member states spend at least five percent of their GDP on defence. NATO's 32 countries have thrashed out a compromise deal to dedicate 3.5 percent to core military spending by 2035, and 1.5 percent to broader security-related areas such as cybersecurity and infrastructure. On Monday, Europe's biggest economy revealed plans to reach the 3.5 percent level for core spending six years early -- in 2029 -- with the vast extra outlays necessary made possible after Germany eased its rules on taking on debt. Defence Minister Boris Pistorius said on Tuesday that he would head to the NATO summit with the message that "external security and defence capability are once again an absolute priority in (German) government policy". Advertisement "We are bringing about a historic turnaround in defence spending." On the summit, he said there were "good signs" about "the broad consensus on how to proceed... I see no reason to assume that we will be given the cold shoulder". Since taking office in May, Merz has been racing to build up Germany's long-neglected armed forces, with the aim of turning them into the "strongest conventional army" in Europe -- a radical shift in a country with strong pacifist traditions due to its dark wartime past. A drive has been launched to boost military personnel, which aims to attract 11,000 fresh recruits this year alone -- and Pistorius has suggested conscription, which was halted in Germany in 2011, could be reintroduced if too few people sign up voluntarily. Germany is also building up a permanent military brigade in Lithuania -- the country's first such overseas deployment since World War II -- to bolster NATO's eastern flank against Russia. © Agence France-Presse

Markets On Edge As Israel-Iran Ceasefire Collapses But Trump Declares It Still Holds
Markets On Edge As Israel-Iran Ceasefire Collapses But Trump Declares It Still Holds

Int'l Business Times

time2 hours ago

  • Int'l Business Times

Markets On Edge As Israel-Iran Ceasefire Collapses But Trump Declares It Still Holds

The delicate ceasefire between Israel and Iran appears to have collapsed, but U.S. President Donald Trump insists that the "complete and total" truce is still in place. This conflicting situation has injected uncertainty into global markets, leading to mixed reactions across commodities, equities, and currencies. Initial optimism followed Trump's announcement earlier this week that the two countries had agreed to halt hostilities. Markets responded positively, with oil prices plunging nearly 4% to around $66 per barrel (WTI), stock futures climbing, and U.S. Treasury yields and the dollar easing, as reported by Reuters. However, subsequent reports of renewed clashes on the ground have shaken investor confidence. The ceasefire appears to have been breached, with sources indicating isolated skirmishes and rocket exchanges. Despite this, President Trump reiterated in a statement that the truce "still holds" and urged both sides to avoid further escalation, according to The Associated Press. The mixed signals have led to volatility in markets. Oil prices, after the initial drop, have shown signs of rebounding as supply concerns resurface. Stock futures have pulled back from earlier gains, reflecting nervousness among investors. Meanwhile, the U.S. dollar has strengthened slightly amid renewed demand for safe-haven assets, and the 10-year Treasury yield has declined modestly, reported by MarketWatch. Analysts warn that without clear, sustained confirmation from both Israel and Iran, market sentiment is likely to remain fragile. Geopolitical experts stress that the situation remains highly fluid, with the potential for sudden flare-ups influencing global economic stability.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store