European defence heavyweights say meeting Trump's military spending target won't be easy https://www.taxtmi.com/news?id=30204 NATO defence spending target: Five European defence ministers consider a fixed-percentage spending target impractical, arguing that a numerical threshold alone will not deliver agreed NATO objectives and could skew national budgets. They call for prioritizing capability-based investments, strengthening domestic defence industry and societal resilience against cyber and terrorist threats, and maintaining support for Ukraine, rather than measuring commitments solely by a static percentage. en-us Tue, 14 Jan 2025 01:01:02 +0530 Tue, 14 Jan 2025 01:01:02 +0530 TaxTMI RSS Generator European defence heavyweights say meeting Trump's military spending target won't be easy https://www.taxtmi.com/news?id=30204 NATO defence spending target: Five European defence ministers consider a fixed-percentage spending target impractical, arguing that a numerical threshold alone will not deliver agreed NATO objectives and could skew national budgets. They call for prioritizing capability-based investments, strengthening domestic defence industry and societal resilience against cyber and terrorist threats, and maintaining support for Ukraine, rather than measuring commitments solely by a static percentage. News - Tue, 14 Jan 2025 01:01:02 +0530 https://www.taxtmi.com/news?id=30204