Norway becomes latest European state to boost defense spending

The Norwegian center-left government announced plans for “a historic increase” in military expenditure of 52 billion euros over the next 12 years, Report informs via Euronews.

“We need a defense that is fit for purpose in the emerging security environment," Prime Minister Jonas Gahr Store said.

"As our security environment is deteriorating, we need to spend more on and pay more attention to defence and preparedness," he continued.