US EditionPortugal Reiterates It Will Meet Defense Spending Goal in 2025
9 Articles
9 Articles
The prime minister says that investing in defence is not just spending money and looks forward to reaching 2% of GDP this year. Still, Trump says the ceasefire between Iran and Israel is running "very well".
There are still doubts as to how Portugal will meet 2% of GDP's defence expenditure this year, as Luís Montenegro promised.
Prime Minister Luis Montenegro revealed this Thursday that the Portuguese Executive intends to reach a 3.5% of GDP investment in Defence "in the next 10 years," a prospect that he hoped would be able to "get consensus" at NATO's summit in Haia. "We have a prospect of having an investment in the next 10 years which, we estimate, can generate consensus now at the summit, if it can reach 3.5% of GDP," said in statements to journalists, outside the …
"Portugual is prepared to be part of a summit that marks a new phase, which guarantees NATO unity, which guarantees solidarity between Europe, the United States and Canada," he said.
The prime minister reiterated that Portugal would reach 2% of GDP for this year's defence and considered it to be "an investment in the economy".
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