: :inin Kyiv (EET)

Defense Budgets Set to Dominate Yet Another NATO Summit


Despite pleas to set aside bickering over military spending so the issue doesn’t dominate a third NATO summit in a row, the United States is almost certain to demand again this week that its 28 NATO partners respect their pledges to boost defense budgets.NATO countries slashed spending as tensions eased after the Cold War. But Russia’s 2014 annexation of Ukraine’s Crimean Peninsula was a wake-up call. The allies agreed then to halt cuts, boost budgets and move toward spending 2% of gross domestic product on defense by 2024.The 2% figure is perhaps too simplistic in that its value fluctuates depending …read more

Source:: Voice of America

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