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Spain unveils €11bn plan to reach long-delayed Nato defence spending target Spanish PM says 'industrial and technological plan' will ensure country commits to spending 2% of GDP on defence Spain has announced a €10.5bn investment plan to ensure it will reach its long-delayed Nato commitment of spending 2% of its GDP on defence this year, saying it has become obvious "only Europe will know how to protect Europe" from now on. The country - which lags well behind other western nations by dedicating about 1.3% of its GDP to defence spending - is one of the Nato members th...
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