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link : Germany Will Miss Its NATO Defense Spending Goals
Germany Will Miss Its NATO Defense Spending Goals
Two German Eurofighter jets simulate the interception of a plane over the Baltic sea November 1, 2018. REUTERS/Sabine Siebold
Reuters: Germany could miss even reduced NATO defense spending goal: document
BERLIN (Reuters) - German Finance
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Minister Olaf Scholz has cast doubt over the government’s already watered-down pledge to NATO allies of spending 1.5 percent of economic output on defense by 2024, a Finance Ministry document obtained by Reuters showed on Monday.
Germany is under pressure from the United States and other NATO members to increase its military spending to 2 percent of gross domestic product, in line with a target agreed by NATO members in 2014 and reaffirmed in subsequent years.
Military spending remains a source of great tension within Germany’s ruling coalition, with Chancellor Angela Merkel’s conservatives pushing for quicker increases in defense budgets but Scholz’s Social Democrats riding the brakes.
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WNU Editor: Why am I not surprised.
Germany is under pressure from the United States and other NATO members to increase its military spending to 2 percent of gross domestic product, in line with a target agreed by NATO members in 2014 and reaffirmed in subsequent years.
Military spending remains a source of great tension within Germany’s ruling coalition, with Chancellor Angela Merkel’s conservatives pushing for quicker increases in defense budgets but Scholz’s Social Democrats riding the brakes.
Read more ....
WNU Editor: Why am I not surprised.
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