• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
NATO Secretary General Mark Rutte arrives at the 6th European Political Community summit at Skanderbeg Square in Tirana, Albania May 16, 2025. Leon Neal/Pool via
NATO Secretary General Mark Rutte arrives at the 6th European Political Community summit at Skanderbeg Square in Tirana, Albania May 16, 2025. Leon Neal/Pool via
Home
Business
Aerospace & Defense

NATO’s Rutte says he assumes alliance will agree on 5% spending target

May 26th, 2025 | 15:45 PM BUSINESS Aerospace & Defense 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Norway boosts defence footprint with expansion of Arctic brigade
Latvia says drone in its airspace on August 14 was Ukrainian
Serbia turns to Russia to help fight wildfires
South Korea estimates North Korea has up to 120 nuclear warheads, far above Trump's figure
By Reuters

NATO Secretary General Mark Rutte said on Monday that he assumes alliance members will agree to a broad defence spending target of 5% of gross domestic product during a summit in The Hague next month.

"I assume that in The Hague we will agree on a high defence spend target of in total 5%," Rutte said at a meeting of the NATO Parliamentary Assembly in Dayton.

"Let's say that this 5%, but I will not say what is the individual breakup, but it will be considerably north of 3% when it comes to the hard spend, and it will be also a target on defence-related spending," he added.

Reuters reported earlier this month that Rutte had proposed NATO members raise defence spending to 3.5% of their GDP, and a further 1.5% on broader security-related items to meet U.S. President Donald Trump's demand for a 5% target.

NATO aims to agree on the new targets at a summit of alliance leaders in The Hague on June 24-25.

Dutch Prime Minister Dick Schoof said earlier this month that "Rutte has sent a letter to all NATO members to say that he expects that the commitment at the NATO summit will be 3.5% on hard military spending, to be reached in 2032, and 1.5% on related spending such as on infrastructure, cyber security, and similar things also to be reached by 2032".

  • Topic
  • NATO
  • SUMMIT/TARGET (UPDATE 1)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Norway boosts defence footprint with expansion of Arctic brigade

Related Posts

Aerospace & Defense
August 20th, 2026

Norway boosts defence footprint with expansion of Arctic brigade

Aerospace & Defense
August 20th, 2026

Latvia says drone in its airspace on August 14 was Ukrainian

Aerospace & Defense
August 20th, 2026

Serbia turns to Russia to help fight wildfires

Aerospace & Defense
August 20th, 2026

South Korea estimates North Korea has up to 120 nuclear warheads, far ab...

Aerospace & Defense
August 19th, 2026

Suspected sabotage attack fails to disrupt Milrem deliveries to Ukraine

Aerospace & Defense
August 19th, 2026

Defense contractor Lyntris, shareholders raise about $298 million in dow...

The Wire
Aug 20th 3 h ago
Formula 1

TWG Global says Cadillac F1 team and motorsport interests n...

Aug 20th 3 h ago
Soccer

Carrick praises Rashford's revival as Manchester United eye...

Aug 20th 3 h ago
Tennis

Alcaraz confirms US Open return after four-month injury lay...

Aug 20th 3 h ago
Asia Pacific

UN says two staff members detained in Afghanistan have been...

Aug 20th 3 h ago
Sports

Jets' Woody Johnson buys minority stake in Aston Martin F1 ...

TRENDING ON FINANCETIME
Aug 20th, 2026 Transactional

Carlyle-backed YipitData explores $2.5 billion-plus sale, sources say

Aug 20th, 2026 Sports

Blue Jays' Vladimir Guerrero Jr. (concussion) on rehab assignment

Aug 20th, 2026 Business

US Treasury buyback briefly eases bond rout, but debt worries persist

Aug 20th, 2026 Sports

Colts TE Tyler Warren (groin) to miss one week

Aug 20th, 2026 Cricket

Bangladesh Premier League will not take place this season, says BCB president

Markets-Sectors
BASIC MATERIALS -0.19%
TECHNOLOGY -0.29%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT