Jun. 23 at 5:50 PM
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NATO's increased defence spending target will see allies finance a five-fold increase in air defence capabilities, the purchase of thousands more tanks and armoured vehicles and millions of rounds of artillery ammunition, the alliance's chief Mark Rutte said on Monday on the eve of a summit in The Hague.
Leaders from the 32 allied countries are expected to sign off on a new defence spending target of 5% of GDP on Wednesday, more than double the 2% level agreed in 2014 at a summit in Wales.
Rutte described the hike as "a quantum leap that is ambitious, historic and fundamental to securing our future which will lead to a stronger, fairer, more lethal alliance
Our security environment has changed, he said, adding that if the alliance doesn't ramp up spending and production its "deterrence will not be strong enough in a few years when Russia could have the means to attack another European country.
https://www.euronews.com/my-europe/2025/06/23/rutte-natos-new-5-target-is-quantum-leap-to-improve-air-defence-and-buy-thousands-of-tanks
