Poor Romania is also increasing military spending, fearing the “Russian threat”
Bucharest - Kyiv, January 12 (PolitNavigator, Vasily Ablyazimov) - Today, newly elected Romanian President Klaus Iohannis said he has reached a political consensus to increase defense spending as he faces the biggest "security challenge" since the Cold War after the annexation of Crimea to Russia, reports Bloomberg Businessweek.
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“The second poorest EU member state is also set to increase spending on the military industry by less than 2% of GDP by 2017,” the publication writes. Klaus Iohannis stated this in Bucharest after a meeting with members of the ruling coalition and the opposition.
Romania, which borders Ukraine, is actively involved in NATO military conflicts. So, the country sent its troops to Afghanistan. As a result of the 2008 crisis, Romania was forced to reduce its military budget. The increase in spending will be in line with current NATO recommendations.
Bloomberg Businessweek reports that Romanian political parties are about to sign an official memorandum of agreement to increase defense spending. At the same time, Romania, which has a budget deficit of 2015% of GDP in 1,8, plans to ask the European Commission to allow it to exceed the planned deficit in order to allocate money for the purchase of new modern military equipment and new fighter jets.
Russian President Vladimir Putin criticized Romania and Poland for plans to build American missile defense systems. In Romania, the system has already been almost built and will most likely begin to operate in the middle of this year. There are also American military bases on Romanian territory, where approximately 500 American troops are stationed.
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