💨 Abstract

Spanish Prime Minister Pedro Sánchez announced on Tuesday that Spain will increase its defense spending by 10.5 billion euros ($12 billion) to reach NATO's 2% GDP target, in response to pressure from the alliance and the US. The spending will be used for telecommunications, cybersecurity, military equipment, troop increases, and salary hikes.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖