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Oct 2026
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Starmer’s commitment to increase defence spending to 5% of GDP by 2035

"The decision to allocate 5% of GDP to national security is an opportunity to strengthen our contribution to NATO and invest in security"

Spain pledges to meet the NATO target of 2% of GDP for defence spending by 2025

"Spain will contribute to the defence of Europe", said Pedro Sanchez

Surprise Primary Surplus of €11.4 billion (4.8% of GDP) for 2024

Significant overachievement of the government's surplus target – What ELSTAT figures show

OECD lowers global growth forecasts due to trade tensions

The organization now expects global GDP to grow by 3.1% in 2025, down from its 3.3% forecast in December

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