European NATO countries and Canada increased military spending by $600 billion

2024-02-14T10:50:20.831Z

Highlights: European NATO countries and Canada increased military spending by $600 billion. In 2024, European NATO countries will spend $380 billion on defense, which will amount to 3% of their total GDP. German Chancellor Olaf Scholz said that Germany will achieve the NATO target of spending 2% of GDP on defense for the first time in 2024. Also, German Foreign Minister Annalena Bärbock expressed the opinion that it is necessary to create a single defense alliance within the European Union.

Since 2014, European NATO countries and Canada have increased their military spending by $600 billion, said Alliance Secretary General Jens Stoltenberg.