Portugal is preparing a "credible" plan of gradual annual increases in defence spending to reach NATO's new target of 5% of ...

Portugal is planning a gradual increase in defense spending to reach NATO's 5% GDP target by 2035 while ensuring financial ...

NATO members recently agreed to increase defense spending to 5% by 2035 — a "quantum leap," according to the military ...

Among the 32 members of NATO, Portugal is one of the countries with the lowest defence spending as a share of its economic output, with the government estimating that it stood at 4.48 billion ...

A look at where defense spending stands among NATO: Measured as a portion of GDP, Poland is NATO’s biggest military spender ...

Portugal is among countries that haven’t met that existing NATO goal yet, with its defense spending reaching an estimated 1.55% of GDP in 2024. NATO Secretary General Mark Rutte now wants ...

As Nato leaders meet to agree big increases in targets for defence spending, some of them haven't yet met the existing ones.

The European Union needs common instruments to fund defence spending amid a protracted war in Ukraine and calls from Washington for NATO members to increase such expenditure, Portugal's finance ...

The NATO summit takes place in The Hague on June 24-25. The U.S. has pushed allies to sharply increase their defense spending to 5% of GDP. Some member states say they're happy to do that, others ...

A 5% defense spending target for NATO members is looking increasingly likely as the alliance prepares for its big bang summit later in June.

NATO members have agreed to a new defense spending goal of 5% of each country’s economic output by 2035, more than doubling the previous figure of 2%. It’s an ambitious timeline that ...

Among the 32 members of NATO, Portugal is one of the countries with the lowest defence spending as a share of its economic output, with the government estimating that it stood at 4.48 billion ...