Sanchez announces that the defense expenditure will rise to 2 % before 2029

Date:

The President of the Spanish government has not completed any conditions or amounts, but has insisted on the need to “invest more and better” to respond to “the safety needs that Europe has”.

The president of the Spanish government, Pedro Sánchez, has announced that Spain will “make an attempt” to arrive 2 % of your GDP in defense costs for of the date set for this, 2029And this will transfer it to the leaders of the parliamentary groups during the meeting that will stay with them next week.

Sanchez has made this announcement at the press conference after the extraordinary European Council has called to tackle European security, the situation of the war in Ukraine and the existing expectations to try peace.

Although he has confirmed the advance of the planned date, the head of the executive is has not completed a new term To reach that percentage for defense.

Sanchez remembered the new tools and instruments of the European Commission to facilitate the expenditure of the defense, including the Flexibility of tax rules “For all Europeans to make more effort to invest more and to invest better with a common diagnosis of the safety needs that Europe has, it is clear that we have to act,” he explained.

Source: EITB

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