Netherlands: Increases its defense budget in the face of the Russian threat

The Dutch government today announced a multibillion-euro increase in defense spending, investing in tanks, warplanes and frigates to bolster NATO following “relentless Russian aggression” against Ukraine. The Netherlands will increase its defense spending by more than 10% next year, and thus its budget by 2.4 billion euros to bring the annual defense budget to 24 billion euros, the government announced in its annual memorandum on defense. “The Army will have tanks again, the Air Force will receive additional F-35s, and the Navy will be able to rely on additional frigates for anti-submarine warfare,” the Defense Department said. “Cyber-attacks at the fore” The new fund will be allocated mainly to combat equipment but the ministry said it will also spend another 260 million euros on recruiting and training staff. “New threats demand action. Relentless Russian aggression in Ukraine shows that an attack […]
Source: News Beast

You may also like