19FortyFive: Bad News for Russia: NATO Is Going to Spend Billions More On Defense
Russia has spawned a reboot of the NATO alliance: What Obama tried to accomplish with appeals and Trump with threats is now happening without a great deal of either from President Joe Biden: amid Russia’s invasion of Ukraine, NATO member nations are significantly ramping up their defense spending levels.
Days after the Feb. 24 invasion, Germany announced plans to increase its defense funding, with Chancellor Olaf Scholz committing 100 billion Euros in 2022 to beef up its military and promising to invest more than 2% of gross domestic product – the NATO baseline – into defense moving forward. At least seven other European nations have followed suit with defense spending increases: Belgium, Romania, Poland, Italy, Norway, Denmark and – the only non-NATO member on the list – Sweden.
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WNU Editor: Only seven European nations have committed to greater spending .... Seven European nations have increased defense budgets in one month. Who will be next? (Breaking Defense). I am surprised by this low number. I actually expected more countries to publicly announce an increase in their defense budgets by now.