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   conflict      defence      geopolitical      members      reactions      several      spending      target      trend      unbelievable   

Paragraph 2

There are reasons for the record levels of in Europe. One reason is that all NATO met their target to spend two per cent of their GDP on defence. Last year, NATO members agreed to a new of five per cent by 2035. Another reason is the war between Russia and Ukraine. This is now in its fifth year. Russia spent around $190 billion on . This was 7.5 per cent of its GDP. Ukraine spent an 40 per cent of its GDP on the war. SIPRI said that the increased spending "really speaks to countries' to ongoing wars, tensions and uncertainty". It added: "This will probably continue through 2026 and beyond."

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