Crin Antonescu: We must be prepared to spend around 3% of GDP on defense, but also gain economically

The candidate of the PSD-PNL-UDMR coalition in the presidential elections on May 4, Crin Antonescu, told Digi24 that Romania must be prepared to spend 3% of GDP on defense, instead of the 2% it currently budgets. This comes after several voices in the Trump administration called on European countries to increase their spending in this area. Antonescu, however, says that this money could also be used to make Romania a producer and exporter of wea…

Crin Antonescu, the candidate of the Romania Forward Alliance in the presidential elections, states that Romania must be prepared to spend 3% of its GDP on defense, but must also take into account the economic growth potential of the armament plan announced at the EU level.

Mediafax "I, for one, do not believe in the solution of increasing taxes, I do not believe in austerity policies, although, obviously, it will not be a problem. Obviously, it will be about restructuring, obviously, it will be about eternal belt tightening, but maybe this time it will really happen," Antonescu says to Digi24. He adds that taxes and austerity policies have not really solved things, referring to the situation of 2008-2009. "So we h…