According to Euronews, defence spending across European NATO countries has reached its highest level since the end of the Cold War. Data indicates that nations situated closest to Russia are currently allocating the most significant portions of their national wealth to military funding, with some front-line states working towards a target of 5% of their gross domestic product.
Despite this increase, Euronews reports a growing divide within the alliance. While several countries are aggressively raising their budgets, a large group of other European nations continues to provide only the minimum required levels of investment. Poland currently spends a larger share of its GDP on defence than the United States.
Source: Euronews. Read the original report ↗