European NATO members 56bn behind on military spending FT
Germany, Italy, Spain, and Belgium reported the largest shortfalls last year, according to research
European members of NATO are €56 billion ($61 billion) short of meeting the US-led bloc's minimum defense spending target, research for the Financial Times by Germany's Ifo Institute has suggested.
Washington accounted for two-thirds of NATO's $1.3 trillion total spending in 2023, more t