NATO Allies Boost Defence Spending: Europe and Canada Lead the Way
Europe and Canada significantly increased their defense spending in 2024, with a reported 20% boost, according to NATO. This substantial increase follows years of calls for member nations to meet the agreed-upon 2% of GDP commitment to defense spending. The move signals a notable shift in priorities for these nations, potentially spurred by ongoing geopolitical tensions and a reassessment of reliance on external military support.
This substantial increase in defense spending is a significant development, especially considering the historically low levels of investment in military capabilities by some European nations. For years, several European countries had fallen far short of their NATO commitments.… Continue reading
Matt Underwood