Friday 8 December, 1115 – 1230

Only five of NATO’s members are currently meeting the agreed-upon target to spend 2% of their GDP on defence: Estonia, Greece, Poland, the UK and the US. The pressure is on the other members of the alliance to increase their military spending. However, many of the European member states have also declared their readiness to contribute more to common defence, posing the question of how to best allocate their spending. How realistic is a sudden increase in defence budgets of NATO’s European members? What is the correct mix of NATO vs European defence for member states? Can the US warning of moderating its commitments to NATO be turned into an opportunity for reform of the organization?