Netherlands Increases Defense Spending by €2.4 Billion to Counter Russian Aggression, Meet NATO Goals

Sep 5, 2024, 03:20 PM

The Netherlands has announced a significant increase in its defense spending, aiming to meet NATO goals and counter ruthless Russian aggression. The Dutch government will raise its defense budget by more than 10%, amounting to an additional €2.4 billion, bringing total spending to €24 billion. The funds will be allocated to new tanks, additional F-35 fighter jets, frigates, and air defense systems. This move follows years of austerity and is intended to bolster the NATO alliance.