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Euronews
Euronews
Malek Fouda

Estonian government approves additional funding to raise defence spending to 5.4% of GDP

Estonia NATO GDP Donald Trump Hanno Pevkur United States

Estonia has approved a four-year €2.8 billion additional defence funding bill in a bid to meet NATO capability targets. The new spending will push the Baltic country to an average defence spending of 5.4% of GDP through to 2029, up from previous levels of around 3.4%.

“We made a historic decision from the point of view of Estonian national defence. We have never allocated so much additional money to national defence in one year in Estonia,” said Hanno Pevkur, Estonian Defence Minister.

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