Nato’s European allies and Canada increased defence spending by 3.8% last year, or $10bn more than 2015, the alliance said yesterday, and said Britain was keeping up with its target after a report said London missed its goal.
Russia’s annexation of Crimea has given the alliance new momentum after years of cuts, but differences remain about the pace of investment.
The International Institute for Strategic Studies (IISS), a security think tank, said only Greece and Estonia met a target to spend 2% of economic output on defence.
A North Atlantic Treaty Organisation (Nato) official told Reuters that five allies, including Britain, met or …read more
Source: Gulf times