NATO must spend 5% of GDP on defence by 2030, Poland says

Poland's defence minister said NATO countries should reach the alliance's 5% of GDP defence-spending target by 2030, five years ahead of the original schedule. The message underscores heightened security risks and implies faster defense budget increases across member states. Market impact is limited but could support European defense-sector sentiment over time.

Analysis

Poland's defence minister said NATO countries should reach the alliance's 5% of GDP defence-spending target by 2030, five years ahead of the original schedule. The message underscores heightened security risks and implies faster defense budget increases across member states. Market impact is limited but could support European defense-sector sentiment over time.