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NATO's Rutte calls for higher defence spending, above 2%/GDP

Published by Global Banking & Finance Review

Posted on January 27, 2025

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· Last updated: January 27, 2026

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NATO Secretary General Mark Rutte advocates for increased defense spending - Global Banking & Finance Review
NATO Secretary General Mark Rutte emphasizes the need for member countries to raise defense spending beyond 2% of GDP during his visit to Lisbon, addressing crucial finance and security issues.
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LISBON (Reuters) - NATO Secretary General Mark Rutte called on the alliance members to step up their defence spending beyond their common goal of 2% of GDP, which had been set a decade ago and is now

NATO's Rutte calls for higher defence spending, above 2%/GDP

LISBON (Reuters) - NATO Secretary General Mark Rutte called on the alliance members to step up their defence spending beyond their common goal of 2% of GDP, which had been set a decade ago and is now considered too low, he told reporters on Monday while visiting Lisbon.

(Reporting by Sergio Goncalves, writing by Andrei Khalip)

Key Takeaways

  • NATO Secretary General Mark Rutte urges higher defence spending.
  • Current 2% GDP target for defence is deemed insufficient.
  • NATO members encouraged to exceed the decade-old spending goal.
  • Rutte made the statement during a visit to Lisbon.
  • The call reflects evolving security needs and challenges.

Frequently Asked Questions

What did NATO Secretary General Mark Rutte call for?
Mark Rutte called on NATO members to increase their defence spending beyond the common goal of 2% of GDP.
When was the 2% GDP target for defence spending set?
The 2% GDP target for defence spending was established a decade ago.
Who reported on Rutte's statements regarding defence spending?
The article was reported by Sergio Goncalves and written by Andrei Khalip.

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