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.
Pensions in the EU are entirely different from how it works in the US. I don’t know how it is there, but here it is the nation you worked in that coughs up the pension money. Additionally, from what I’ve heard from retirees who did move to Spain, they have to pay income tax on their pensions to the Spanish government which means that these people would actually be contributing to the state coffers similarly to someone who was working. So, in other words you have money coming in from abroad, being contributed in taxes and spent on goods & services locally, boosting the economy.
Besides, the people who can afford to move abroad for retirement usually are the wealthier sort, so not the burden you make it out to be.