
Romania to Boost Military Spending Despite Record Budget Deficit
Romania's President-elect Announces Significant Military Spending Increase Despite Budget Deficit Romania is set to significantly increase its military spending, a move announced by the country's president-elect, Nicusor Dan. This decision comes at a time of record budget deficit for the nation, but highlights Romania's commitment to its NATO allies and its support for Ukraine. Dan stated in an interview with the Financial Times, "Romania, as a member of the EU and NATO, has made a clear choice to support Ukraine." The plan includes boosting military spending to 3.5% of GDP, with an additional 1.5% earmarked for infrastructure and cybersecurity improvements. This substantial investment underscores Romania's strategic priorities in the face of regional instability. The timing of the announcement, given the existing budget challenges, raises questions about the country's economic management, but the commitment to defense and security is undeniable. The plan's success will hinge on securing international collaboration and efficient resource allocation.