NATO to boost military spending in light of Russian aggression
Military alliance plans to increase spending for the first time in a decade
In 2016, European states in NATO will increase military expenses for the first time in a decade due to Russian aggression and migration crisis, NATO Secretary General Jens Stoltenberg informed in an interview to ‘Financial Times’.
‘2016 forecast, based on data of NATO allies, shows, that in 2016 European NATO allies will be forced to increase defense expenses for the first time in many, many years’, - he said.
According to the Secretary General, the Alliance is facing indeterminacy and increasing number of threats.
Last year, defense expenses of NATO European allies amounted to USD 253 billion, whereas, the USA spent USD 618 billion.
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