Think tank: Some NATO countries cutting defense spending - WAOW - Newsline 9, Wausau News, Weather, Sports

Think tank: Some NATO countries cutting defense spending

Posted:

 Despite stern talk and solemn pledges from NATO, a British-based think tank says some alliance member nations are cutting their spending on defense.

   In a report released Thursday, the European Leadership Network said Britain, Bulgaria, Canada, Germany, Hungary and Italy are all on track to reduce military expenditures in 2015.

   In France, spending is forecast to remain flat.

   "Despite Russian aggression in Ukraine and much rhetoric from NATO leaders that this has been a game-changer in European security, all the evidence suggests there is a continuation of business as usual," said Ian Kearns, director of the European Leadership Network and the report's co-author.

   In September, NATO leaders vowed to "reverse the trend of declining defense budgets."

   On Feb. 6, NATO's secretary-general Jens Stoltenberg said total spending on defense by alliance members declined by 3 percent last year.
   "The fact is that our security challenges are increasing. But our defense spending is decreasing," Stoltenberg said.

   "This is simply not sustainable," he said. "We cannot do more with less forever."

   The European Leadership Network's report examined defense spending in 14 of the 28 NATO countries where budgeting decisions for 2015 have been formally announced or indicated in advance through the public release of information. It excludes the United States, which the think tank said accounts for over 75 percent of alliance defense spending on its own.

   The report found that six member nations--Latvia, Lithuania, the Netherlands, Norway, Poland and Romania--will hike spending in 2015, but not reach the ultimate target of 2 percent of Gross Domestic Product agreed to at the NATO summit.

   This year, the report said, Britain is on course to spend the lowest percentage of its national wealth on defense in 25 years. In Germany, it said, defense spending is declining both in terms of spending and as a portion of the country's overall economic output.

Powered by Frankly