Czech Republic will miss NATO defence spending target again this year, PM Babis says

June 19, 2026 3:08 AM EDT

Prime Minister of the Czech Republic Andrej Babis speaks on the day of a European Union leaders' summit in Brussels, Belgium June 19, 2026. REUTERS/Laia Ros

PRAGUE, June 19 (Reuters) - The ‌Czech Republic ​will ​not meet NATO's minimum defence spending target again this year, but will aim to meet it from 2027,

Prime ‌Minister Andrej Babis said on Friday.

While many allies have ⁠raised defence spending significantly in light of Russia's war against Ukraine, the Czech ‌Republic spent less than ‌2% of gross domestic product under a previous government last year, despite aiming to hit the target.

Babis's government cut this ​year's original defence spending plan to around 1.7-1.8% of GDP but Babis had been saying he was looking for ways ⁠to meet the target. This is no longer the case, he said.

"Our government will ​not meet 2% of GDP for defence either," Babis said in a post on Facebook. "We have to put ​public finances in order first."

While cutting ‌defence, Babis's cabinet raised spending to subsidise energy prices and to fund road building, increasing the ⁠overall budget deficit for this year from levels proposed by the previous outgoing government.

In the face of new security threats and U.S. demands ⁠for Europe to bear a larger share of responsibility for its defence, NATO ​has agreed to raise its minimum spending target to 5% of GDP by 2035, including 3.5% on core military spending.

"I am convinced that we will manage ‌the 2% of GDP boundary next year. Not as a one-off and window dressing, but as ‌part of a long-term plan," Babis said. "In the following years, we ⁠will increase defence spending ‌responsibly and in a ​way that corresponds to the security situation and our commitments to allies."

(Reporting by Jan Lopatka; Editing by ‌Susan Fenton)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters