Spanish Economy Minister Carlos Cuerpo said on Wednesday his country does not expect any repercussions from its refusal to ...

Spain's Economy Minister Carlos Cuerpo discusses the country's defense spending plans as NATO leaders meet in The Hague for a ...

The higher defence spending goal was in response to a demand by US President Donald Trump. Read more at straitstimes.com.

BBVA's acquisition of Sabadell faces a significant delay, as the Spanish government has mandated atleast three-year wait ...

NATO states pledged to allocate 5% of GDP annually by 2035 to meet both core defense requirements and broader security needs ...

Nato leaders have agreed to ramp up defence spending to 5% of their countries' economic output by 2035, following months of ...

Nato leaders did reaffirm their "ironclad commitment to collective defence" - the Article Five mutual security guarantee if ...

However, the Governor of the Bank of Spain, Jose Luis Escriva sounded a warning note when the organization reduced its expectations for the growth of Spain's economy by 0.3 percent from 2.7 percent to ...

NEW YORK, June 25. /TASS/. The Spanish government considers an annual defense spending level of 2.1% of GDP to be sufficient, in contrast to the 5% target proposed by other NATO countries, Spain’s ...

NATO COUNTRIES HAVE agreed to increase their defence spending from 2% of GDP to 5% in the next decade, amid a renewed focus ...