LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Trump warns Spain ‘will pay twice’ as Sanchez refuses to pay 5% of GDP commitment to NATO – London Business News | London Wallet

Philip Roth by Philip Roth
June 25, 2025
in UK
Trump warns Spain ‘will pay twice’ as Sanchez refuses to pay 5% of GDP commitment to NATO – London Business News | London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Canadian PM calls for Andrew to be removed from line of succession

US bomber lands in UK as Iran war enters eighth day

US bomber lands in UK as Iran war enters eighth day

Last week Spain rejected NATO’s proposal to spend 5% of gross domestic product (GDP) and the Prime Minister Pedro Sanchez said it is “unreasonable.”

All other alliance allies have agreed to meet the 5% of GDP commitment and Sanchez sent NATO’s secretary general Mark Rutte a letter said that Spain “cannot commit to a specific spending target in terms of GDP” at the NATO summit.

Sánchez wrote in the letter that was seen by The Associated Press, “For Spain, committing to a 5% target would not only be unreasonable, but also counterproductive, as it would move Spain away from optimal spending and it would hinder the EU’s ongoing efforts to strengthen its security and defence ecosystem.”

Spain spends less that 2% of GDP on defence despite vowing to raise defence spending by €10 billion this year in an attempt to hit the 2% target.

Speaking at the NATO summit at The Hague the US President said on Wednesday that Spain will “pay twice.”

Donald Trump said, “They’re doing very well, the economy is very well, and that economy could be blown right out of the water if something bad happened.

We’re negotiating with Spain on a trade deal, we’re going to make them pay twice as much. I’m actually serious about this.”



Source link

Share30Tweet19
Previous Post

Bitcoin vs. sovereign bonds: Why are some investors making the shift?

Next Post

Bitcoin’s ‘bull pennant’ targets $165K as BTC exchange flows hit 10-year lows

Philip Roth

Philip Roth

Recommended For You

Canadian PM calls for Andrew to be removed from line of succession
UK

Canadian PM calls for Andrew to be removed from line of succession

March 7, 2026
US bomber lands in UK as Iran war enters eighth day
UK

US bomber lands in UK as Iran war enters eighth day

March 7, 2026
US bomber lands in UK as Iran war enters eighth day
UK

US bomber lands in UK as Iran war enters eighth day

March 7, 2026
US bomber lands in UK as Iran war enters eighth day
UK

US bomber lands in UK as Iran war enters eighth day

March 7, 2026
Next Post
Bitcoin’s ‘bull pennant’ targets 5K as BTC exchange flows hit 10-year lows

Bitcoin’s ‘bull pennant’ targets $165K as BTC exchange flows hit 10-year lows

Related News

How to watch Ireland vs New Zealand for FREE: TV channel and live stream

How to watch Ireland vs New Zealand for FREE: TV channel and live stream

October 14, 2023
Guardiola sends ominous Haaland warning to rivals after brace in Man City win

Guardiola sends ominous Haaland warning to rivals after brace in Man City win

July 23, 2023
Bitcoin price threatens K support as pre-FOMC mood boosts US dollar

Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar

May 1, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?