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Invasion of Ukraine to push global defence spend above $2 2 trillion by 2026

Janes | The latest defence and security news from Janes - the trusted source for defence intelligence

Romania to increase defence spending to 2 5% of GDP

Following a meeting with Romania's Supreme Council of National Defence, President Klaus Iohannis told a press conference on 1 March that it is necessary to increase the country's defence budget from 2% to 2.5% of GDP in light of Russia's att.

Romania passes state budget, increases defence spending

Romania's president Klaus Iohannis passed the State Budget for 2022 on 28 December, a week after the Parliament gave its approval. Romanian defence budget 2012–32 The budget includes RON25.9 billion (USD6 billion) for defence, a 14% nominal .

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