RRI Live!

Listen to Radio Romania International Live

NATO and defence expenditure

More countries allocated 2% of their GDP to defence in 2020.

NATO and defence expenditure
NATO and defence expenditure

, 17.03.2021, 13:50

In spite of the economic crisis triggered by the coronavirus pandemic, NATO countries have continued to invest in defence, according to the Annual Report 2020 presented in Brussels by NATO Secretary General Jens Stoltenberg. He has explained that existing threats have not gone away and that NATO’s main responsibility during the COVID-19 pandemic has been to fulfil its core tasks, while ensuring that the health crisis does not become a security crisis. Stoltenberg said Russia’s behaviour remains assertive and destabilising, and terrorism continues to represent a global security challenge and a threat to stability. At the same time, he said that the rise of China is shifting the global balance of power, with implications for the Alliance’s security, values and way of life, while cyber and hybrid threats are more sophisticated and disruptive and climate change continues to exacerbate existing security challenges and generate new ones.



In light of all these, Stoltenberg came with the proposal for NATO to increase financing of defence and deterrence, so that allies offering capabilities no longer have to cover all expenses themselves. Thus, more members would take part in actions on NATO’s eastern area, in air police and maritime missions and in military drills. According to NATO Secretary General, the new formula will better mirror the common defence principle and will make responsibilities and investment more equitable. He explained that a Europe which invests more in defence is an advantage for the Alliance and that there is no security alternative for the EU other than NATO.



According to the report, in 2020 France, Norway and Slovakia joined the group of allied countries that allocate at least 2% of the GDP to defence. Their number has now gone up to 11, the other eight countries being Greece, Estonia, the UK, Poland, Latvia, Lithuania, Romania and the US. In 2020 Romania spent over 4.3 billion euros on defence, of which almost 25% on equipment. Over a half of the country’s defence budget went to personnel expenditure.



NATO’s Deputy Secretary General, the Romanian Mircea Geoana, mentioned earlier the importance of the trans-Atlantic ties, saying that North America and Europe need each other more than ever before, in order to deal with current challenges such as cyber attacks, climate change and the competition of the big powers. Geoana hailed the contribution of Canada and the UK to the Alliance, though the command of multinational units in NATO’s eastern area, the dispatch of ships and aircraft for NATO’s sea and air security, and their leading role in digitization, innovation and the adoption of new technologies. Foreign ministers of NATO’s 30 member countries will convene in Brussels next week, a meeting they will attend in person, for the first time since the start of the pandemic. The new US Secretary General, Antony Blinken, is also expected to attend. (EE)



Photo: Facebook.com/repatriot/
Today in the News Friday, 04 October 2024

A RePatriot Summit in Bucharest

During a summit dedicated to the Diaspora in Bucharest on Thursday, the authorities’ representatives underlined the importance of the Romanians...

A RePatriot Summit in Bucharest
(photo: Septimiu / pixabay.com)
Today in the News Thursday, 03 October 2024

Budget deficit reduction plan

By October 15, Romania should present the European Commission with a plan to reduce budget deficit, by October 15.   Rating agencies, economists...

Budget deficit reduction plan
sursă foto: pixabay.com@ useche360
Today in the News Thursday, 03 October 2024

Recent unemployment figures in Romania

The number of people without a job increased slightly in Romania in August. The 0.1% increase in unemployment, however, indicates a slowdown in...

Recent unemployment figures in Romania
Photo: romania-actualitati.ro
Today in the News Wednesday, 02 October 2024

Mugur Isărescu is re-elected governor of the National Bank of Romania

The National Bank of Romania needs continuity of leadership, as well as the transition to a younger generation of specialists, the Bank’s current...

Mugur Isărescu is re-elected governor of the National Bank of Romania
Today in the News Wednesday, 02 October 2024

Romanians to enjoy visa-free travel to the US?

Romania formally fulfils all technical criteria for entering the US Visa Waiver program and Romanian citizens would most likely be able to travel...

Romanians to enjoy visa-free travel to the US?
Today in the News Tuesday, 01 October 2024

NATO, new leadership

  As of Tuesday, October 1, the NATO secretary general is the Dutch ex PM Mark Rutte. He takes over the highest political position in the...

NATO, new leadership
Today in the News Tuesday, 01 October 2024

Romania sees fall in foreign investment

The National Bank of Romania announced a significant drop in direct foreign investments last year compared with 2022. Their net flow in 2023 reached...

Romania sees fall in foreign investment
Today in the News Monday, 30 September 2024

The Romanian foreign minister at the UN

    Russia’s attacks on the civilian infrastructure in Ukraine carry on, and consolidating the defence in this country is important,...

The Romanian foreign minister at the UN

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company