Spain to increase defence spending by 7.2 billion euros, to reach 2% of GDP

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  1. The article is in Spanish. Translation by Deepl:

    Sánchez pledges to allocate 7.2 billion more to Defence to reach 2% of GDP.

    The president announces a package of tax cuts on electricity and petrol by the end of the month to mitigate inflation. Spain will continue to send arms to the Ukrainian resistance, despite Podemos’ protests.

    […]

    The president of the Spanish government has called for an increase in the defence budget, until it reaches the 2 per cent of GDP that NATO set as a target and to which the last informal European Council held in Paris committed itself. From the current 1.4 per cent, according to Sánchez’s estimates, to the target of 2 per cent, the increase would be around 7.2 billion euros, provided that GDP remains unchanged. These figures, however, do not coincide with those announced by Sánchez after the Versailles summit last Friday, when he advocated ending the legislature “above 1.24% of GDP in the defence chapter”.

    The government will continue to send offensive weapons to the Ukrainian resistance, according to the president of the executive branch. The amount of aid planned, both humanitarian and military material, totals 23 million euros. “Spain will be where it has to be and will do what it has to do”, he said, assuring that, despite the reproaches of his partners, “I have the support of the majority of Spanish society” in this response to the war. A defenceless people, he argued, “have to protect themselves from a nuclear power”.

  2. Everyone in the west seems to be raising an army…

    This doesn’t look good at all 😐

    Too much internet for this week.

    I’ll go grab a cerveza before WW3 breaks lose 😐

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