The Japan Times - Spain pushes back against mooted 5% NATO spending goal

EUR -
AED 4.109134
AFN 72.728281
ALL 91.068859
AMD 404.188339
ANG 2.002579
AOA 1027.144156
ARS 1729.248535
AUD 1.622267
AWG 2.014008
AZN 1.912528
BAM 1.962541
BBD 2.256963
BDT 139.639646
BGN 1.955636
BHD 0.42335
BIF 3352.798341
BMD 1.118893
BND 1.435939
BOB 13.448193
BRL 6.164092
BSD 1.120608
BTN 105.233465
BWP 15.436573
BYN 3.355807
BYR 21930.308026
BZD 2.253754
CAD 1.575964
CDF 2595.832638
CHF 0.915614
CLF 0.027765
CLP 1092.755792
CNY 7.470292
CNH 7.464898
COP 3624.934461
CRC 508.200341
CUC 1.118893
CUP 26.89452
CVE 110.645053
CZK 24.34225
DJF 199.549121
DKK 7.475085
DOP 68.091023
DZD 152.371974
EGP 60.59389
ERN 16.783399
ETB 183.918275
FJD 2.53496
FKP 0.837816
GBP 0.834308
GEL 2.903532
GGP 0.837816
GHS 13.099997
GIP 0.837816
GMD 83.360443
GNF 9925.302097
GTQ 8.567428
GYD 235.037326
HKD 8.774098
HNL 30.117916
HRK 7.5738
HTG 146.842519
HUF 362.970109
IDR 20210.289352
ILS 3.555675
IMP 0.837816
INR 105.063575
IQD 1699.638057
IRR 2116222.136659
ISK 136.807259
JEP 0.837816
JMD 177.849031
JOD 0.793295
JPY 176.818359
KES 145.344762
KGS 97.844756
KHR 4565.478491
KMF 494.551073
KPW 1007.003897
KRW 1511.428985
KWD 0.347875
KYD 0.933978
KZT 502.294127
LAK 25210.540792
LBP 100348.254387
LKR 372.651831
LRD 190.59467
LSL 18.532011
LTL 3.303801
LVL 0.676807
LYD 7.171171
MAD 10.959244
MDL 20.030134
MGA 5092.033018
MKD 61.61355
MMK 2349.067623
MNT 4029.320399
MOP 9.050287
MRU 45.241565
MUR 52.676978
MVR 17.226835
MWK 1943.136649
MXN 20.801703
MYR 4.54215
MZN 71.498438
NAD 18.532427
NGN 1509.297401
NIO 41.241756
NOK 10.50836
NPR 168.291842
NZD 1.997004
OMR 0.430223
PAB 1.121251
PEN 3.862166
PGK 5.107192
PHP 70.84272
PKR 309.925281
PLN 4.386677
PYG 7004.679653
QAR 4.098277
RON 5.341147
RSD 117.61829
RUB 91.830664
RWF 1654.020058
SAR 4.207616
SBD 9.005505
SCR 15.499192
SDG 673.014658
SEK 11.009395
SGD 1.432256
SHP 0.837965
SLE 25.678699
SLL 23462.637275
SOS 640.404952
SRD 42.051926
STD 23158.831582
STN 24.573095
SVC 9.809695
SYP 14547.8499
SZL 18.525693
THB 37.515398
TJS 10.342425
TMT 3.916126
TND 3.354823
TOP 2.694026
TRY 56.14781
TTD 7.59947
TWD 36.716461
TZS 2959.162776
UAH 50.765874
UGX 4585.751516
USD 1.118893
UYU 45.10493
UZS 13377.951689
VES 1002.882387
VND 28529.540512
VUV 133.441527
WST 3.119277
XAF 655.957
XAG 0.02128
XAU 0.000273109292
XCD 3.023864
XCG 2.02054
XDR 0.791116
XOF 655.957
XPF 119.331742
YER 264.75817
ZAR 18.435484
ZMK 10071.378954
ZMW 22.770224
ZWL 360.283175
SSP 6428.301763
MXV 2.33848
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Spain pushes back against mooted 5% NATO spending goal
Spain pushes back against mooted 5% NATO spending goal / Photo: Daniel MIHAILESCU - AFP

Spain pushes back against mooted 5% NATO spending goal

Spain is resisting US President Donald Trump's demands to hike defence spending to five percent of national output, potentially threatening NATO unity at a crucial alliance summit this month.

Text size:

The European country ended 2024 as the NATO member that dedicated the smallest proportion of its annual economic output to defence, falling short of the two percent target set in 2014.

Faced with Trump's threats to withdraw US security guarantees from member states perceived as not pulling their weight, Spain has announced fresh spending to hit the two percent mark this year.

But Madrid is baulking at suggestions the target should rise to five percent as an aggressive Russia, whose invasion of Ukraine has stretched into a fourth year, menaces Europe.

With Germany and Poland already backing the new benchmark, Spain could find itself isolated among its allies at the June 24-25 NATO summit in The Hague.

"Many countries want five (percent), we respect that... but Spain will fulfil those objectives set for us," Defence Minister Margarita Robles said on the sidelines of a meeting of NATO counterparts in Brussels this month.

"What is really important is that Spain will meet the capacities and objectives" assigned by NATO and "we cannot set ourselves a percentage", she said.

For Felix Arteaga, a defence specialist at Madrid's Elcano Royal Institute, "internal political reasons" are determining the stance of the minority left-wing coalition government.

Socialist Prime Minister Pedro Sanchez faces a balancing act of aligning with NATO allies and cajoling his far-left junior coalition partner Sumar, which is hostile to increasing military spending.

He has not submitted to parliament the plans for new defence spending of more than 10 billion euros, sparking criticism from his parliamentary allies whose support is crucial for the government's viability.

The fragile coalition has wobbled in the past week after a corruption scandal implicating one of Sanchez's inner circle sparked a crisis within his Socialist party.

- 'Cultural' barriers -

In Spain, "high political fragmentation makes it difficult to reach deals similar to those of other countries" such as Germany, said Santiago Calvo, an economics professor at the Universidad de las Hesperides.

Calvo also pointed to "delicate" public finances, with Spain's debt one of the highest in the European Union at 103.5 percent of gross domestic product.

That figure has nonetheless receded in recent years, and continued strong economic performance should give the government "margin" to spend more, said Arteaga, who instead identified "cultural" hindrances.

The Iberian Peninsula's greater distance from Russia than eastern European countries like Poland "reduces concern and urgency... we do not feel threatened, we do not want to enter armed conflicts", Arteaga said.

"The government must explain to Spanish citizens the need to show solidarity" with countries in northern and eastern Europe, he said.

Ambiguity also surrounds the idea of investing five percent of GDP in defence.

NATO chief Mark Rutte has mentioned 3.5 percent of military spending in the traditional definition of the term by 2032, with the remaining 1.5 percent going to security in a broader sense, including border protection and cybersecurity.

At the NATO summit, "everything will come down to details" such as the flexibility of the definition of defence spending and the timeframe to achieve it, Arteaga predicted.

Robles said "Spain will not veto anything" at the summit, calling her country "a constructive ally".

T.Ueda--JT