Sources: NATO allies to up defence spending to at least 2% of GDP

NATO allies have agreed to raise their annual defence spending to at least 2% of gross domestic product (GDP), NATO sources told dpa on Friday. Previously, the policy of NATO members was to gradually increase defence investments to 2% of their GDP by 2024, with many countries still falling short. Now, the self-imposed pledge of 2% is to become the lowest amount expected from alliance members to boost rearmament in the wake of Russia's full-scale invasion of Ukraine. The move is a significant shift in attitudes towards defence spending among the alliance after years of disagreement over low inv...