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Germany's cabinet approved a draft law on Wednesday aimed at accelerating defence procurement and construction on military ...
The News. Germany plans to slash social benefits and rein in government debt but increase the amount spent on the military in 2024, according to a federal budget approved Wednesday by the ...
The planned increase in German defense spending could bolster NATO's deterrence capacity, particularly in Eastern Europe, where Russia's aggression has put member nations on edge.
German defence minister Boris Pistorius has criticised his government for approving less than a fifth of the budget increase he said was needed by Germany’s military, in stark remarks on the eve ...
President Trump appears unlikely to be pleased with the German target date of 2031 for defense spending to reach 2 percent of GDP, and he may want a higher level than that anyway.
Its aim is to achieve the NATO target of spending 5 percent of GDP on the military by 2029 instead of 2035. German finance minister presents war budget - World Socialist Web Site Menu Search ...
BERLIN—Germany will exempt military spending from its strict fiscal rules and create an off-budget fund of 500 billion euros to finance infrastructure spending, laying the ground for a big boost ...
Germany announced a budget on Tuesday that would increase its military spending to 3.5 percent of its economic output by 2026 and expand funding to improve its crumbling infrastructure, as part of ...
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