Cuerpo Says Spain Defense Spending Is Enough to Meet NATO Needs

Spain’s Economy Minister Carlos Cuerpo has said the country will increase its defense expenditure as much as necessary to achieve NATO capability goals, but is sticking to its resistance to a goal of 5% of GDP.

Cuerpo told Bloomberg Television on Wednesday that Spain has estimated what it needs to spend and that this amounts to 2.1% of output. He said that Spain will remain a “responsible NATO ally.”