Spain will increase its defence spending by ten point four billion euros to meet NATO’s goal of two percent of GDP by twenty twenty-five. Prime Minister Pedro Sánchez confirmed this after a ministerial meeting in Madrid, stating that the investment aims to deter potential aggressors against Europe while maintaining Spain’s pacifist stance.

The investment plan allocates thirty-five percent of funds to improving troop working conditions, thirty-one percent to telecom technologies and cybersecurity, and nearly nineteen percent to defence tools. The Prime Minister assured that this financial commitment will not impose extra taxes, raise public debt, or cut welfare services for citizens.

Sánchez noted that the majority of the funds will circulate within the Spanish economy, with approximately eighty-seven percent dedicated to local enterprises. He highlighted that the devices will be sourced from post-pandemic recovery funds and budget savings, paving the way for a significant technological advance.

Spain’s plans will be submitted for review to the European Commission and NATO. Currently, Spain lags behind other NATO member states in meeting the two percent benchmark, which could soon rise to three percent at next month’s summit in The Hague.