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Minister named World Bank Group director 04 May 2010 NY bomb suspect probed for links abroad | Video 11:17am EDT Five minutes in the green can boost self esteem 01 May 2010 Nokia, Microsoft launch new mobile software 3:02am EDT NATO says missile defense cost small price to pay David Brunnstrom BRUSSELS Wed May 5, 2010 11:00am EDT Related News NATO missile official cites cooperation with Israel 10:22am EDT Iran says develops short-range missile defense Sun, May 2 2010 NATO agrees Afghan plan but says no rush to exit Fri, Apr 23 2010 U.S. signals its nuclear arms stay in Europe for now Thu, Apr 22 2010 NATO says Russia base does not affect Ukraine pledge Thu, Apr 22 2010 BRUSSELS (Reuters) - The head of NATO Wednesday put the cost of linking up the alliance's missile defense systems at less than 200 million euros ($260 million), and said it was a small price to pay to protect citizens. World NATO Secretary-General Anders Fogh Rasmussen has been urging the 28 NATO states to agree to the system at a summit in Lisbon in November, citing an increased threat from Iran, but alliance members have questioned the cost. The project envisages creating an alliance command and control system to link existing national missile defenses and extend NATO-wide protection beyond that which the alliance already provides to its armed forces. "The cost of expanding that system to protect not only our soldiers, but our populations, is less than 200 million euros over 10 years spread among 28 allies," Rasmussen told a regular news conference. "How could we not agree to build defense for all our citizens against missile attacks? Why would we protect our soldiers -- and we should -- but not everybody else?" NATO SEES REAL IRANIAN THREAT Rasmussen said the alliance had sufficient information and intelligence to know that Iran posed a real threat in terms of its missile technology and nuclear program. "It is not a big cost to get real protection against a real threat," Rasmussen said, adding he believed there was an "emerging consensus" among allies on the nature of the threats. The West suspects Iran of developing nuclear weapons under cover of a civilian atomic program, something Tehran denies. In March, French Defense Minister Herve Morin expressed doubts over the NATO push to join up missile defense, pointing to tight military budgets and arguing that European forces sometimes lacked even basic equipment such as helicopters. Last year, President Barack Obama scrapped the previous U.S. administration's project to install a land-based missile shield in NATO members the Czech Republic and Poland. Under his revamped plans, Washington will deploy missile interceptors in NATO member states Romania and Bulgaria in a system supposed to link with existing NATO hardware. NATO has also called on Russia, the alliance's old Cold War foe, to cooperate in missile defense. World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters NY bomb suspect probed for links abroad NEW YORK (Reuters) - Investigators questioned the suspected Times Square bomber hoping to uncover links he might have had to foreign militant groups and U.S. media said he could appear in a New York court on Wednesday. | Video Calm U.S. Gulf weather aids spill fight, for now | Video Greek anti-austerity march erupts, 3 dead | Video Ash cloud grounds flights in Scotland and Ireland | Video NATO says missile defense cost small price to pay Picasso piece sets record for art sold at auction » More Top News Awaiting the slick For those who make a living along the Gulf of Mexico coast, bracing for the giant oil slick to hit shore is a waiting game. Video BP stops 1 of 3 oil leaks in Gulf "World's whitest beaches" under threat Obama biggest recipient of BP cash Poll: Is it still "drill baby drill"? Green Business Bomb suspect probed for links Investigators questioned the suspected Times Square bomber, hoping to uncover links he might have had to foreign militant groups. Full Article | Video Factbox: A married financial analyst Bomb suspect was bound for Pakistan Bomber from respectable background What inspired the bomb attempt? Plot spotlights larger U.S. fear U.S. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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