The Prague Post - NATO strikes spending deal, but Spain exemption claim risks Trump ire

EUR -
AED 4.208902
AFN 81.28964
ALL 97.356673
AMD 442.241094
ANG 2.051119
AOA 1050.990672
ARS 1334.634085
AUD 1.782477
AWG 2.063013
AZN 1.946924
BAM 1.944548
BBD 2.313414
BDT 140.129181
BGN 1.944548
BHD 0.431702
BIF 3412.156499
BMD 1.146118
BND 1.471983
BOB 7.917189
BRL 6.318662
BSD 1.14577
BTN 99.192053
BWP 15.442645
BYN 3.749703
BYR 22463.91874
BZD 2.301583
CAD 1.576887
CDF 3297.38185
CHF 0.937244
CLF 0.028107
CLP 1078.588554
CNY 8.238868
CNH 8.23847
COP 4679.224957
CRC 578.452942
CUC 1.146118
CUP 30.372135
CVE 109.630653
CZK 24.818615
DJF 204.039382
DKK 7.458342
DOP 67.946844
DZD 149.390593
EGP 58.345022
ERN 17.191775
ETB 157.560818
FJD 2.589597
FKP 0.851897
GBP 0.854999
GEL 3.117698
GGP 0.851897
GHS 11.801713
GIP 0.851897
GMD 81.9472
GNF 9927.556934
GTQ 8.806046
GYD 239.712967
HKD 8.996289
HNL 29.924848
HRK 7.494696
HTG 150.379868
HUF 403.170206
IDR 18840.236501
ILS 4.000727
IMP 0.851897
INR 99.231499
IQD 1501.014793
IRR 48280.233638
ISK 142.24482
JEP 0.851897
JMD 182.653128
JOD 0.812622
JPY 168.07246
KES 148.0931
KGS 100.227609
KHR 4592.427189
KMF 489.966738
KPW 1031.506472
KRW 1573.826773
KWD 0.351125
KYD 0.954875
KZT 598.745524
LAK 24719.964753
LBP 102662.173693
LKR 344.307758
LRD 229.154063
LSL 20.687299
LTL 3.384189
LVL 0.693275
LYD 6.24586
MAD 10.457789
MDL 19.702
MGA 5120.37238
MKD 61.176022
MMK 2406.509402
MNT 4106.554021
MOP 9.264195
MRU 45.291931
MUR 52.286001
MVR 17.655978
MWK 1986.803908
MXN 22.136362
MYR 4.873864
MZN 73.305348
NAD 20.687299
NGN 1776.609899
NIO 42.166018
NOK 11.605348
NPR 158.707682
NZD 1.926734
OMR 0.440153
PAB 1.14577
PEN 4.114493
PGK 4.790282
PHP 65.525804
PKR 325.115807
PLN 4.271355
PYG 9145.084495
QAR 4.17892
RON 5.00705
RSD 116.555583
RUB 90.309322
RWF 1654.526539
SAR 4.300463
SBD 9.559118
SCR 16.905605
SDG 688.241521
SEK 11.144046
SGD 1.477403
SHP 0.900669
SLE 25.73032
SLL 24033.531956
SOS 654.811116
SRD 44.526453
STD 23722.33487
SVC 10.025987
SYP 14901.658831
SZL 20.683322
THB 37.717572
TJS 11.314631
TMT 4.011414
TND 3.391774
TOP 2.684323
TRY 45.519997
TTD 7.786943
TWD 33.913415
TZS 3042.097742
UAH 48.021338
UGX 4130.102304
USD 1.146118
UYU 46.848922
UZS 14389.737758
VES 117.542105
VND 29946.352082
VUV 137.427642
WST 3.161694
XAF 652.183321
XAG 0.031836
XAU 0.00034
XCD 3.097442
XDR 0.811107
XOF 652.183321
XPF 119.331742
YER 278.160462
ZAR 20.786976
ZMK 10316.444119
ZMW 26.496684
ZWL 369.049626
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

NATO strikes spending deal, but Spain exemption claim risks Trump ire
NATO strikes spending deal, but Spain exemption claim risks Trump ire / Photo: SAMUEL CORUM - AFP

NATO strikes spending deal, but Spain exemption claim risks Trump ire

NATO on Sunday signed off on a pledge to ramp up defence spending before its upcoming summit, but Madrid insisted it would not need to hit the five percent of GDP demanded by US President Donald Trump.

Text size:

The claim by Spanish Prime Minister Pedro Sanchez sets up a potential clash with Trump, who has pressured allies to commit to that headline figure when they meet for the two-day gathering starting on Tuesday in The Hague.

Spain had been the last holdout on a compromise deal that sees allies promise to reach 3.5 percent on core military needs over the next decade, and spend 1.5 percent on a looser category of "defence-related" expenditures such as infrastructure and cybersecurity.

Multiple diplomats at NATO said the agreement -- set to be unveiled at the summit -- had gone through with the approval of all 32 nations and that there was no exemption for Madrid.

But within minutes Sanchez came out saying he had struck an accord with NATO that would see his country keep respecting its commitments "without having to raise our defence spending to five percent of gross domestic product".

"We understand the difficulty of the geopolitical context, fully respect the legitimate desire of other countries to increase their defence investment, if they so wish, but we are not going to do it," he said.

NATO diplomats now fear that Spain's position could undermine its carefully choreographed show of unity with Trump in The Hague, which already risks being overshadowed by the US decision to strike Iran.

"Not ok," one diplomat said, on condition of anonymity.

Madrid's claims came after Sanchez on Thursday threw a last-minute grenade into preparations for the gathering in the Netherlands by taking a strong stand against the agreement.

In a blistering letter to NATO chief Mark Rutte, Sanchez said that committing to a headline figure of five percent of GDP "would not only be unreasonable, but also counterproductive".

That prompted a warning from Trump that "Spain has to pay what everybody else has to pay."

"NATO is going to have to deal with Spain," he told reporters on Friday, calling the country "notorious" for spending less on defence than other alliance members.

- 'Flexibility' -

The outburst from Madrid's centre-left leader also sparked fury from other NATO members desperate to keep Trump -- who has threatened not to protect allies spending too little -- on their side.

The pledge is seen as key both to satisfying Trump and helping NATO build up the forces it needs to deter Russia.

After several days of wrangling involving Sanchez and Rutte, officials said Spain on Sunday signed off on the pledge.

Diplomats said that language around the spending pledge in the summit's final declaration had been slightly softened from "we commit", to "allies commit".

They insisted the fundamentals of the deal remained intact and that it applied to Spain.

But government sources in Madrid said the linguistic tweak meant only those countries that opted-in were covered by the promise and that Rutte was set to send a letter to Sanchez saying that Spain will have "flexibility".

Sanchez is facing a difficult balancing act of aligning with NATO allies and cajoling his junior coalition partner, the far-left alliance Sumar, which is hostile to increasing military spending.

Spain has been one of the lowest-spending NATO countries on defence in relative terms.

The country is only set to hit the alliance's current target of two percent this year after a 10-billion-euro ($11.5 billion) injection.

Q.Fiala--TPP