NATO budget surges by over a quarter ...News

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NATO budget surges by over a quarter
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The sharp increase in spending is a response to the “degraded security environment,” the bloc insists NATO member states have agreed to increase the alliance's budget for 2023 by over 25%, the military bloc announced on Wednesday. The US-led alliance justified the move by referring to the ongoing conflict between Moscow and Kiev. The decision was motivated by the “degraded security environment” caused by the Ukraine crisis, according to the military bloc's statement. “I strongly welcome the agreement of NATO’s civil and military budgets for 2023,” NATO Secretary-General Jens Stoltenberg said, asserting that “only

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