Spain Rejects NATO Defense Pledge
This is a Spain news story, published by ABC News, that relates primarily to Donald Trump news.
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Success of key NATO summit in doubt after Spain rejects big hike in defense spending
75% Informative
Success of NATO summit in doubt after Spain rejects big hike in defense spending.
U.S. President Donald Trump wants allies to commit to spending at least 5% of GDP.
Spain says it cannot raise the billions of dollars needed to meet the new defense investment pledge.
Spain is only country to officially announce its intentions, making it hard to row back from such a decision.
The U.S. insists that it cannot be an open-ended pledge, and that a decade is too long.
Italy says it wants 10 years to hit the 5% target.
The billions required for security will be raised by taxes, going into debt, or shuffling money from other budgets.
VR Score
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English
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39
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