- BIST10011,220-3.08%
- USD49.60+0.05%
- EUR55.68+0.11%
- GOLD4,036.50-0.59%
- INTEREST36.00%-1.00
- BITCOIN81,261-3.29%
- October 23, 202614°
- BIST10011,220-3.08%
- USD49.60+0.05%
- EUR55.68+0.11%
- GOLD4,036.50-0.59%
- INTEREST36.00%-1.00
- BITCOIN81,261-3.29%
- October 23, 202614°
Czech PM Babis says his country won't join NATO's 70 billion euro Ukraine aid plan
Czech Prime Minister Andrej Babis announced that they will not contribute to the allies' 70 billion euro military aid commitment for Ukraine at the NATO summit in Ankara. Babis also stated that his country will increase defense spending to 2 percent of GDP next year.
Speaking after the NATO summit in Ankara, Czech Prime Minister Andrej Babis said they will not contribute to the 70 billion euro military aid package for Ukraine. Babis made this statement to the press after the 36th NATO Summit of Heads of State and Government.
The Czech Prime Minister said, "We will not contribute to this amount." Babis stated that Europe should focus on defense against ballistic missiles, saying that these missiles are the real problem.
Regarding defense spending, Babis noted that the Czech Republic will allocate 2 percent of its gross domestic product (GDP) to defense next year, not this year. "We will do our best this year as well, I am not denying that, but I do not think it is realistic," he said.
The Prime Minister also said that he was the last to speak at the meeting because his country allocates the least to defense as a share of GDP within NATO.
The 36th NATO Summit Final Declaration stated that the allies committed 70 billion euros for military equipment, aid, and training support for Ukraine in 2026, and confirmed as a sovereign commitment to maintain at least the same level of support in 2027.
Stay Updated with Ally Daily
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
