Greece has second highest rate of spending in NATO
Greece has the second highest spending in NATO on defense, after the US, according to figures issued yesterday by the alliance. Despite the belttightening of recent years, Greece is one of just five countries whose annual spending on defense exceeds 2 percent of gross domestic product. The country with the highest spending as a proportion of GDP is the US, with 3.61 percent, followed by Greece with 2.38 percent. Next comes the UK with 2.21 percent, Estonia with 2.16 percent and Poland with 2 percent.