The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge demanded by U.S.

NATO members agreed to a big increase in their defence spending target to 5% of gross domestic product, as demanded by ...

Sánchez says he saved the country from the 5% defense spending hike, but the US president has announced trade retaliation ...

BRUSSELS — The success of a key NATO summit hung in the balance on Friday, after Spain announced that it cannot raise the billions of dollars needed to meet a new defense investment pledge ...

NATO summit addresses defense spending as Trump pushes European allies for 5% GDP commitment, while Iran nuclear concerns and Ukraine's membership aspirations complicate alliance unity.

Nato summit shambles? US and Spain 'opt out' of new spending target Donald Trump has been demanding member states ramp up defence expenditure to 3.5 per cent of GDP, with an extra 1.5 per cent on ...

The Nato summit at the end of June left Donald Trump happy. The US president hailed the ”tremendous” agreement by the ...

The two-day gathering is also intended to signal to Russian President Vladimir Putin that NATO is united, despite Trump's previous criticism of the alliance.

And if NATO’s unity wavers, and deterrence fails, then they’re prepared to fight. Making the world a better place starts with ...

Spain spent 1.24% of GDP on defence in 2024, or about 17.2 billion euros ($19.8 billion), according to NATO estimates, making it the lowest spender in the alliance as a share of its economic output.