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Germany could increase military spending to as much as 3.5% of economic output as it ramps up investment to reverse years of neglect of the armed forces, according to Defense Minister Boris ...
Germany's new government, in power for just over two months, is implementing a 'radically changed' migration policy and a significant increase in defense spending. This was confirmed by Steffen Bilger ...
BERLIN -- Germany's finance minister on Tuesday vowed to lift the country's defense spending to 3.5% of gross domestic product in 2029 as he presented the new government's spending plans.
Germany's debt is expected to rise significantly by 2030 due to increased spending on defense and infrastructure. Fiscal ...
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 ...
BERLIN, Feb 27 (Reuters) - Chancellor Olaf Scholz said on Sunday Germany would sharply increase its spending on defence to more than 2% of its economic output in one of a series of policy shifts ...
These include a $113 billion defense fund to modernize the German military — anchored in Germany’s Basic Law so that it cannot be used for any other purpose in the future — and an increase ...
Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a massive increase in government investment in the military.
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 ...