Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > NATO’s Rutte says he assumes alliance will agree on 5% spending target
    Headlines

    NATO’s Rutte says he assumes alliance will agree on 5% spending target

    Published by Global Banking & Finance Review®

    Posted on May 26, 2025

    2 min read

    Last updated: January 23, 2026

    NATO’s Rutte says he assumes alliance will agree on 5% spending target - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:GDPinternational organizationsfinancial managementeconomic growth

    Quick Summary

    NATO members plan to agree on a 5% GDP defense spending target at the upcoming summit, with 3.5% for military and 1.5% for security-related expenses.

    NATO Members Expected to Agree on 5% Defense Spending Target

    BRUSSELS (Reuters) -NATO Secretary General Mark Rutte said on Monday that he assumes alliance members will agree to a broad defence spending target of 5% of gross domestic product during a summit in The Hague next month.

    "I assume that in The Hague we will agree on a high defence spend target of in total 5%," Rutte said at a meeting of the NATO Parliamentary Assembly in Dayton.

    "Let's say that this 5%, but I will not say what is the individual breakup, but it will be considerably north of 3% when it comes to the hard spend, and it will be also a target on defence-related spending," he added.

    Reuters reported earlier this month that Rutte had proposed NATO members raise defence spending to 3.5% of their GDP, and a further 1.5% on broader security-related items to meet U.S. President Donald Trump's demand for a 5% target.

    NATO aims to agree on the new targets at a summit of alliance leaders in The Hague on June 24-25.

    Dutch Prime Minister Dick Schoof said earlier this month that "Rutte has sent a letter to all NATO members to say that he expects that the commitment at the NATO summit will be 3.5% on hard military spending, to be reached in 2032, and 1.5% on related spending such as on infrastructure, cyber security, and similar things also to be reached by 2032".

    (Reporting by Lili Bayer, Editing by Charlotte Van Campenhout and Hugh Lawson)

    Key Takeaways

    • •NATO aims for a 5% GDP defense spending target.
    • •The target includes 3.5% on military and 1.5% on security.
    • •Proposal aligns with U.S. President Trump's demands.
    • •Summit to finalize targets will be held in The Hague.
    • •Implementation expected by 2032.

    Frequently Asked Questions about NATO’s Rutte says he assumes alliance will agree on 5% spending target

    1What is the proposed defense spending target for NATO members?

    NATO Secretary General Mark Rutte assumes that alliance members will agree on a defense spending target of 5% of their gross domestic product.

    2When will NATO leaders meet to discuss the spending target?

    NATO aims to agree on the new spending targets at a summit of alliance leaders in The Hague on June 24-25.

    3What did Rutte propose regarding military spending?

    Rutte had proposed that NATO members raise defense spending to 3.5% of their GDP, with an additional 1.5% for broader security-related items.

    4What is the expected breakdown of the 5% spending target?

    While Rutte did not specify the individual breakdown, he indicated that hard military spending would be considerably north of 3%.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Southeast Poland airspace closed due to 'unplanned military activity', FlightRadar24 says
    Southeast Poland airspace closed due to 'unplanned military activity', FlightRadar24 says
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    View All Headlines Posts
    Previous Headlines PostGerman chancellor criticises Israel's actions in Gaza
    Next Headlines PostEU rejects Russia's request for talks on carbon border tariff, WTO document shows