Spain will meet goal to spend 2% of GDP in defense, PM says

PMs of Italy, Spain and Portugal hold a joint press conference, in Rome

MADRID (Reuters) – Spain will meet the goal of spending 2% of its economic output in defense as requested by NATO within a multi-annual period, Spain’s Prime Minister said on Monday.

“Spain will meet its 2% defense spending target within a multi-annual period,” he said on Monday.

NATO member countries have committed to defense spending at 2 percent of GDP.

Several European countries, including Germany, Poland and Denmark, have increased military spending in response to the Ukraine crisis.

(Reporting by Emma Pinedo, Belen Carreño; Editing by Jesús Aguado)

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