: :inin Kyiv (EET)

France to reach NATO military spending target in 2020, but most allies fall short


France, one of Europe’s biggest military powers, will reach a NATO spending goal of 2 percent sought by the United States this year, the alliance said on Wednesday, but most member states still lag behind in a continual sore point for Washington.France is estimated to spend 2.1 percent of its economic output on defense in 2020, NATO said in a report, attaining the goal set by NATO leaders at a 2014 summit after Russia’s annexation of Ukraine’s Crimea peninsula.NATO Secretary-General Jens Stoltenberg said 2020 would be the sixth consecutive year of increased defense spending by European allies and Canada, up …read more

Source:: Al Arabiya

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