Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
World

Merkel Says Germany to Give Big Boost to Defence Spending

Merkel, addressing a conference of the youth wing of her conservatives, did not specify by how much defence spending would rise

German Chancellor Angela Merkel addresses the media after a meeting with Chad President Idriss Deby at the Chancellery in Berlin, photo: Reuters/Stefanie Loos
By Reuters Whatsapp Twitter Facebook Share
1 year ago

German Chancellor Angela Merkel said on Saturday that Europe’s largest economy would significantly boost defense spending in the coming years to move towards the NATO target for member states to spend 2 percent of their economic output on defense.

But Merkel, addressing a conference of the youth wing of her conservatives, did not specify by how much defence spending would rise.

Merkel said U.S. President Barack Obama had told her it could no longer be the case that the U.S. spends 3.4 percent of its gross domestic product (GDP) on security while Germany – its close NATO ally – only spends 1.2 percent of GDP on that.

“To get from 1.2 percent to 2 percent, we need to increase it by a huge amount,” Merkel said.

In 2016 Germany’s budget for defense spending stands at 34.3 billion euros so it would need to be increased by more than 20 billion euros to reach the 2 percent target.

Comments Whatsapp Twitter Facebook Share
More From The News
Latest News

Fast-moving flames force people to flee ...

3 days ago
Entertainment

Prosecutors: No charges against conducto ...

4 days ago
Latest News

Southern snowfall isn't deep, but many f ...

4 days ago
Latest News

New Mexico school shooter left note plot ...

4 days ago
Most Popular

Dutch town tests driverless buses

By The Associated Press
Business

Up to 90 Million More Takata Airbag Infl ...

By The Associated Press
Business

Cuba to Lift Penalty on Dollar but Warns ...

By The Associated Press
Business

INEGI Releases Report on Inflation

By Notimex
Business

New Delivery App Rappi Says It's Not Sel ...

By Caitlin Donohue
Business