Spanish PM Pedro Sanchez plans to boost military spending to 2% of GDP by 2025, aiming to bolster European defense.

Spain's Prime Minister Pedro Sanchez plans to boost military spending to 2% of GDP ahead of the original 2029 deadline, aiming to address European defense concerns. He vows the increase won't affect welfare programs and seeks to form a European army. Sanchez also calls for a joint response to avoid a trade war with the U.S. The plan, set for launch by summer, is seen as crucial for NATO, where Spain currently has the lowest defense spending.