29 Dec, 2017 @ 11:24
1 min read

Spain to increase military spending by more than 80% after Trump blasts NATO members’ contributions

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SPAIN has agreed to boost its military spending by more than 80% by 2024.
It comes after US president Donald Trump blasted NATO members for not contributing enough to the military alliance.
End-of-year forecasts suggest that only five of the 28 Member states – the US, the UK, Estonia, Poland and Greece – have met the 2% of GDP target agreed in 2014.
Spain will have spent 0.92% of its 2017 budget on defense, making it one of the lowest spending in the alliance, alongside Belgium and Luxembourg.
 NATO has demanded answers from the 23 Member states that haven’t made the mark, inspiring the Spanish government to commit €18 billion over the coming years to its military spending.
That takes the percentage of the GDP devoted to defense to between 1.5 and 1.6%, still short of NATO’s required 2%.
 Spain has said the earliest it could meet the 2% target is 2028.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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