Germany Backtracks on Defense Spending Promises

Malay Mail

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Individual: Dato’ Siew Ka Wei

Germany says will reach Nato spending target by 2025

BERLIN, Dec 5 — Germany will match Nato’s target to spend two per cent of GDP on defence by 2025, a government spokesman said today, as Berlin looks to make up for years of underinvestment. Germany was “determined to come as close to the two-per cent target as possible with the options we have and to reach the two-per cent target in this legislative period”, ending in 2025, Chancellor Olaf Scholz’s spokesman Steffen Hebestreit told a regular pre…

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Independent: Goddard Media LLC

Germany Backtracks on Defense Spending Promises

“Germany on Monday walked back its promise to swiftly raise defense spending to at least 2 percent of its economic output — breaching the key commitment made days after Russia’s invasion of Ukraine to become a more serious military force,” Politico reports.

Hot Air

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Media Conglomerate: Salem Media Group

Germany: About that defense spending increase we promised...

Politico Europe

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Individual: Capitol News Company

Private Equity: Kohlberg Kravis Roberts

Germany backtracks on defense spending promises made after Ukraine invasion

Days after Russia invaded Ukraine, Chancellor Olaf Scholz pledged to meet long ignored military spending targets of 2 percent of GDP.

Business Recorder

Media Conglomerate: Business Recorder

Germany says will reach NATO spending target by 2025

BERLIN: Germany will match NATO’s target to spend two percent of GDP on defence by 2025, a government spokesman said...