Czech minister proposes defense budget rise


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

PRAGUE (AP) — The Czech Republic's defense minister says he wants his country's defense budget to return to growth amid fighting in Ukraine.

Martin Stropnicky says the current crisis in Ukraine is a warning sign that a military conflict in Europe is not unthinkable.

The Czech Republic, which has reduced its defense budget in recent years to just above 1 percent of gross domestic product because of austerity cuts prompted by the global economic downturn, has been under fire from NATO for not spending enough on defense.

NATO's goal is for member states to use 2 percent of their GDP.

Stropnicky said Thursday the budget should increase by 0.1 percent of GDP a year in the coming years, starting in 2015. The government has not yet approved next year's overall budget.

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 This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button