New NATO Standard Will Cost the Netherlands up to 19 Billion Extra per Year: Next Cabinet Will Decide Where Cuts Will Be Made
3 Articles
3 Articles
The cabinet has made a decision about the new NATO standard: it must go to 3.5 percent. Defense Minister Ruben Brekelmans (VVD) calls it a 'historic decision'. Where the extra billions of euros will come from is still unknown. That is up to a new cabinet.
With the NATO summit in sight, the caretaker cabinet has decided to allocate much more money to the defense of Europe in the coming years due to the increasing Russian threat.
NATO Secretary General Mark Rutte stressed that leaders must strengthen the alliance’s deterrent by increasing defense spending at the Hague Summit on June 24-25. Rutte will present a new 3.5 percent defense spending target.
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