×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: EU | NATO | The Latest

The Latest: US to Pay Less of NATO's In-house Budget

The Latest: US to Pay Less of NATO's In-house Budget

Thursday, 28 November 2019 10:38 AM EST

PARIS (AP) — The Latest on discussions ahead of next week’s NATO summit in London (all times local):

4:20 p.m.

NATO Secretary-General Jens Stoltenberg says the United States will pay less into the military alliance’s budget from next year, with Germany stepping up contributions to fill the gap.

At a joint press conference with French President Emmanuel Macron, Stoltenberg said a new cost-sharing formula has been agreed and that “the U.S. will pay less, Germany will pay more.”

The move does not concern the national defense budgets that President Donald Trump routinely complains about.

NATO allies agreed last year to a civil budget for running things like the organization’s headquarters of $250.5 million. A further $1.4 billion was earmarked for spending on military missions around the world.

Stoltenberg says the U.S. and Germany will pay “roughly 16%” of the total budget now. Washington was previously the biggest contributor, paying about 22%.

3:05 p.m.

French President Emmanuel Macron says NATO leaders must have a deep discussion about the future of the military alliance and how ties with Russia can be improved.

Ahead of a summit of NATO leaders in London next week, Macron held discussions with NATO Secretary-General Jens Stoltenberg in Paris.

In a joint news conference, Macron said “a real alliance is action, decisions, not words. So, I want us to have a real dialogue among allies.”

Macron’s call comes just three weeks after he said the alliance was “brain dead.”

Macron said he was glad his recent comments have acted as a “wake-up call” and that “it was irresponsible to just continue to talk only of financial and technical issues.”

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The Latest on discussions ahead of next week's NATO summit in London (all times local):4:20 p.m.NATO Secretary-General Jens Stoltenberg says the United States will pay less into the military alliance's budget from next year, with Germany stepping up contributions to fill...
EU,NATO,The Latest
270
2019-38-28
Thursday, 28 November 2019 10:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved