Europe falls short of NATO’s defence goals Only four of the 26 European members of NATO are meeting the 2% of GDP defence spending target mandated by the Alliance despite major concerns over Russia’s growing assertivenesss NATO EUROPEAN SPENDING (2015) Greece Poland UK Estonia France Turkey Romania Portugal Norway Croatia Bulgaria Albania Netherlands Denmark Italy Lithuania Germany Slovakia Slovenia Czech Rep. Latvia Hungary Spain Belgium Lux. Iceland 1.1%: Average of GDP allocated by 22 countries not meeting 2% target These countries would need to raise combined outlay by 45% – or $97bn – to meet 2015 target of $226bn NATO target of 2% of GDP Percentage 0.5 1.1 1.5 2.0 2.5 U.S. plans fourfold increase in military spending in Europe to $3.4 billion in 2017, as NATO prepares biggest build-up in eastern Europe since Cold War to deter Russia Source: IISS Military Balance 2016