President Iohannis: At this stage, we will not have increase over 2pct of GDP for Defense
Publicat:President Klaus Iohannis said on Thursday that "at this stage" Romania will not increase more than 2 percent of GDP for Defense, specifying that this cannot be excluded at a later time.
"At this point we will not have an increase of more than 2 percent, but we certainly cannot exclude it for a later stage. The current defense pact states that these 2 percent will be maintained for at least a decade. This allows planners to come with proposals for endowments spaced out over several years, which puts us in the situation of having important acquisitions, which would be difficult with budgets…
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