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Sánchez announces a plan of 10.471 billion for defense with which Spain will reach 2% of GDP by 2025

Summary by europeannewsroom.com
Madrid – The President of the Government, Pedro Sánchez, has announced that Spain will meet its commitment to reach 2% of GDP in security and defense spending this year 2025, which will entail an additional investment of 10.471 billion euros. In a statement at La Moncloa after the Council of Ministers meeting on Tuesday, Sánchez confirmed that spending will reach that level this year, increasing from the current 1.4% to 2%. The initial commitmen…

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Expansión broke the news in on Tuesday, April 22, 2025.
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