Europe $56bn behind on NATO spending target – FT — RT World News

Europe $56bn behind on NATO spending target – FT — RT World News

Source link Germany, Italy, Spain, and Belgium had the largest shortfalls last year, the newspaper has reported European members of NATO are €56 billion ($61 billion) short of meeting the US-led bloc’s defense spending target, research for the Financial Times by Germany’s Ifo Institute has revealed. Washington accounted for two-thirds of NATO’s $1.3 trillion total […]