NATO defense ministers agreed Thursday to significantly increase air defenses and land forces to fend off Russia — which means a dramatic boost in military spending in the coming years.
The ministers approved an overall increase of 30 percent in new requirements for military equipment — called capability targets — ahead of a summit of alliance leaders in The Hague later this month.
“Today was historic and the summit will also be historic,” NATO Secretary-General Mark Rutte told reporters after the meeting.