The Financial Times writes about this, citing a study conducted by the IFO research institute.
As noted in the material, the alliance countries have now pledged to allocate 2% of GDP to defense, but not all comply with this requirement.
It also clarifies that European NATO members need to find an additional €56 billion a year to reach the alliance's defense spending target, but the deficit has been halved over the past decade.
On March 14, NATO Secretary General Jens Stoltenberg announced that the European countries of the alliance and Canada will invest $470 billion in defense this year - 2% of their total GDP.