defense investments

BREAKING: Romania spends only 1.6% of GDP on defense in 2023, falling short of the 2.5% promise by President Iohannis and lagging behind the Netherlands in new weapons and equipment acquisitions

•
22 mart.
In 2023, Romania allocated only 1.6% of its GDP to defense, according to an official NATO report cited by TVR Info. This percentage is significantly lower than the 2.5% GDP commitment made by President Klaus Iohannis. With this level of spending, Romania falls below the NATO average of 1.73% of GDP and the minimum threshold […]
BREAKING: Romania spends only 1.6% of GDP on defense in 2023, falling short of the 2.5% promise by President Iohannis and lagging behind the Netherlands in new weapons and equipment acquisitions