“Every one of our allies -- 100 per cent -- is increasing defence spending,” Kay Bailey Hutchison, the US Ambassador to Nato, told reporters last week. “And so that is something that we will talk about in an achievement, but also that we need to do more.”
In 2014, Nato members pledged to spend at least 2 per cent of economic output on defence by 2024. Only fiveNato members -- the U.K., Estonia, Poland and Greece, as well as the US -- were forecast to have met the two per cent target in 2017. Estimated 2017 defence spending as a percentage of GDP was 1.2 per cent for Germany, Europe’s biggest economy.