NATO allies will meet in The Hague next week and are expected to agree to significantly boost military expenditure, but Madrid is reluctant.
Spain wants a carve-out from NATO’s likely future defense spending goal of 5 percent of GDP, the country’s Prime Minister Pedro Sánchez said ahead of next week’s high-stakes alliance summit in The Hague.
“Spain will continue to fulfil its duty in the years and decades ahead and will continue to actively contribute to the European security architecture. However, Spain cannot commit to a specific spending target in terms of GDP at this summit,” Sánchez told NATO Secretary-General Mark Rutte in a letter seen by POLITICO.
Spain has the lowest military spending of any NATO member, allocating just 1.3 percent of its GDP to defense in 2024. Sánchez said earlier this year that Russia didn’t pose an immediate security threat to Spain.
I think the Spanish just need to get more creative with their spending or rather the accounting of their spending.
Edit: I’m more forgiving towards Spain for not meeting their goals than other nations because they seem to actually be improving the lives of their citizens, not just austerity bullshit.
Have they tried giving more money to the ultra rich ? I heard it’s good for the economy