Europe must not bow to US spending demands on NATO: EU's Juncker - News Summed Up

Europe must not bow to US spending demands on NATO: EU's Juncker


US President Donald Trump has raised questions about his commitment to the NATO defense alliance if European countries do not raise defense spending to 2 percent of economic output. The United States puts up 70 percent of alliance funds. He said he knew that Germany would no longer have a budget surplus if it increased defense spending to 2 percent of GDP from 1.22 percent. "If you look at what Europe is doing in defense, plus development aid, plus humanitarian aid, the comparison with the United States looks rather different. "Europeans must bundle their defense spending better and spend the money more efficiently," he added.


Source: bd News24 February 17, 2017 08:39 UTC



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