Next year, Ukraine will spend about 25% of its GDP on defence, which is 900% more than the average of its European NATO allies, NATO Secretary General Mark Rutte said in a keynote speech in Brussels.
“This is a harsh reminder that freedom does not come for free. If we don’t spend together now to prevent war, we will pay a much higher price later for fighting. Not billions, but trillions of euros. And that’s if we prevail, if we win…”, said the Alliance’s chief.
According to him, security needs now require allies to spend much more than 2% of GDP on defence. Rutte also added that “Russia is preparing for a long-term confrontation with Ukraine and with us”.
“We are not ready for what is coming in four or five years. It’s time to shift to a wartime mindset and sharply increase our defence production and defence spending,” he stressed.
Oleksandr Panchenko
Related posts
Hot Topics
Poland will ensure LNG supplies from the US to Ukraine
During a meeting with U.S. Secretary of Energy Chris Wright, Polish Prime Minister Donald Tusk emphasized Poland’s key role in regional gas infrastructure. He noted that the country is one of the largest importers of American liquefied natural gas (LNG).
US closes ports for Russian ships
The US President signs a new executive order banning Russian-flagged or Russian-linked ships from entering US ports.
Stay connected