The China Mail - Spain pushes back against mooted 5% NATO spending goal

USD -
AED 3.672504
AFN 63.999936
ALL 81.482729
AMD 362.820055
ANG 1.790365
AOA 916.999834
ARS 1525.012699
AUD 1.446132
AWG 1.8025
AZN 1.695771
BAM 1.733158
BBD 2.015756
BDT 123.052656
BGN 1.683441
BHD 0.377328
BIF 3004.44854
BMD 1
BND 1.281424
BOB 12.054428
BRL 5.230701
BSD 1.000833
BTN 96.45446
BWP 14.158233
BYN 3.014683
BYR 19600
BZD 2.012832
CAD 1.424255
CDF 2312.502658
CHF 0.832815
CLF 0.024879
CLP 982.440431
CNY 6.70475
CNH 6.717545
COP 3322.13
CRC 457.240078
CUC 1
CUP 24.018396
CVE 97.712812
CZK 21.79565
DJF 177.720249
DKK 6.659485
DOP 59.79566
DZD 133.651016
EGP 52.3167
ERN 15
ETB 163.475001
EUR 0.89083
FJD 2.25435
FKP 0.753812
GBP 0.758475
GEL 2.594998
GGP 0.753812
GHS 11.724777
GIP 0.753812
GMD 74.000091
GNF 8804.033816
GTQ 7.645479
GYD 209.346324
HKD 7.84555
HNL 26.865513
HRK 6.667403
HTG 130.978015
HUF 329.012496
IDR 17993
ILS 3.086098
IMP 0.753812
INR 96.30665
IQD 1311.020726
IRR 1693850.000176
ISK 122.039478
JEP 0.753812
JMD 157.630753
JOD 0.709031
JPY 158.206501
KES 129.749745
KGS 87.446989
KHR 4053.132006
KMF 434.99975
KPW 900.000318
KRW 1361.380186
KWD 0.308901
KYD 0.834057
KZT 443.471634
LAK 22442.975382
LBP 89622.18589
LKR 330.728128
LRD 171.587828
LSL 16.576308
LTL 2.95274
LVL 0.60489
LYD 6.411393
MAD 9.760381
MDL 17.819861
MGA 4419.297095
MKD 54.561083
MMK 2099.783199
MNT 3598.053803
MOP 8.089432
MRU 40.068766
MUR 47.819883
MVR 15.459637
MWK 1735.373872
MXN 18.36424
MYR 4.086018
MZN 63.902642
NAD 16.575573
NGN 1327.789871
NIO 36.828953
NOK 9.640265
NPR 154.325085
NZD 1.78742
OMR 0.384514
PAB 1.000833
PEN 3.453202
PGK 4.464491
PHP 62.783499
PKR 277.237331
PLN 3.899565
PYG 5831.841625
QAR 3.648069
RON 4.761304
RSD 104.70198
RUB 83.372742
RWF 1476.791379
SAR 3.756193
SBD 8.065041
SCR 13.814664
SDG 601.498155
SEK 10.077395
SGD 1.28159
SHP 0.754575
SLE 24.599569
SLL 20969.491881
SOS 571.929887
SRD 37.6725
STD 20697.981008
STN 21.711004
SVC 8.757067
SYP 13002.000254
SZL 16.569484
THB 33.704501
TJS 9.217388
TMT 3.5
TND 2.975471
TOP 2.40776
TRY 49.033104
TTD 6.789784
TWD 31.945697
TZS 2635.003009
UAH 44.939475
UGX 3973.556883
UYU 40.28499
UZS 11829.395814
VES 859.10005
VND 25982
VUV 119.747847
WST 2.7762
XAF 584.346135
XAG 0.016524
XAU 0.000240016513
XCD 2.70255
XCG 1.803617
XDR 0.707052
XOF 584.346135
XPF 105.684789
YER 236.42499
ZAR 16.738185
ZMK 9001.201289
ZMW 19.680804
ZWL 321.999592
SSP 5712.591904
MXV 2.078336
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Spain pushes back against mooted 5% NATO spending goal
Spain pushes back against mooted 5% NATO spending goal / Photo: © 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".

W.Tam--ThChM