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Romania boosts defence spending

3rd August 2017 - 14:54 GMT | by Alice Budge in London

RSS

Romania’s Supreme Defence Council (CSAT) has approved the Armed Forces Endowment Plan 2017-2026, as Bucharest vies to meet NATO’s 2% of GDP spending target, it was announced on 1 August.

The CSAT, which is headed by Romanian President Klaus Iohannis, approved the plan which had previously been withdrawn from the council’s agenda as it failed to provide the necessary funds to meet the government’s defence spending target.

The revised plan provides funds of €9.8 billion to ensure the Romanian government meets NATO’s 2% of GDP defence spending target, a commitment passed by the Romanian parliament in 2015. Romania is the sixth out

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