Spain’s Economy Minister Carlos Cuerpo discusses the country’s defense spending plans as NATO leaders meet in The Hague for a summit expected to endorse the new investment targets. He tells Bloomberg Television that Spain has estimated what it needs to spend and that this amounts to 2.1% of output and that it will remain a “responsible NATO ally.” He also comments on the decision by the Spanish government regarding BBVA SA’s bid for Banco Sabadell SA.
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Spain’s Cuerpo on NATO Spending, BBVA’s Bid for Sabadell
