Rutte says NATO must spend smarter on defence or face bill of 3.7 per cent of GDP

NATO chief Mark Rutte said on Monday the alliance’s military capability targets may require members to spend as much as 3.7% of GDP on defence but this figure could be reduced with innovation and joint procurement.

U.S. President-elect Donald Trump said last week that NATO members should dedicate 5% of their GDP to defence – a level analysts said would be politically and economically impossible for almost all of the