NATO Secretary-General Jens Stoltenberg praised the change in trend on military spending in Europe on Thursday, saying cutbacks had practically stopped — while urging more action to counter threats from Russia and in the Mediterranean.
“After many years of substantial cuts in defense spending, the cuts have now practically stopped among European allies and Canada,” he said, presenting NATO’s 2015 annual report. “In 2015, defense cuts were close to zero.”
Five out of the 28 NATO countries spent 2 percent of their GDP on defense in 2015 — a quota that all members are supposed to meet, but which in practice few …read more
Source: European Voice