Advertisement
Advertisement

Germany: probably won’t reach 2% defence spending goal this year

By:
Reuters
Published: Dec 5, 2022, 11:06 UTC

BERLIN (Reuters) - Germany will likely not meet its goal of spending 2% of GDP on defence spending this year and it remains to be seen whether it will manage to do so next year, a government spokesperson said on Monday.

The German national flag flies in front of Reichstag building in Berlin

BERLIN (Reuters) – Germany will likely not meet its goal of spending 2% of GDP on defence spending this year and it remains to be seen whether it will manage to do so next year, a government spokesperson said on Monday.

Berlin wants to reach the goal in this legislative period, the spokesperson told a regular government news conference, adding that Chancellor Olaf Scholz had not yet taken a position on discussions about increasing the NATO 2% spending target.

“It is true that we will probably not reach the 2% target this year – there are various indicators that play a role in this – even for next year it is open at this point in time,” the spokesperson said.

(Reporting by Rachel More and Paul Carrel)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?

Advertisement