Germany boosts defence spending to be closer to NATO's targetEuropost
Germany will boost its defence spending in the coming year to come closer to NATO's 2-per-cent target, dpa has learned from sources in Brussels. Shortly before the next NATO summit with US President Donald Trump, Germany is to report to the alliance that it will spend €50.25bn ($55.6bn) on defence in 2020.
This is estimated to represent 1.42% of GDP. The most recent forecast for Germany's defence spending in 2019 was 1.36%.
At last year's NATO summit, Trump refused to rule out a withdrawal of the United States from NATO unless all the allies immediately spent 2% of their GDP on defence. He has long complained of unfair burden-sharing in NATO and has attacked Germany in particular because of its comparatively low spending.
NATO had called on all allies to present their new 2020 forecasts before the heads of state and government meet in London in December. The new figures will first be discussed at a meeting of foreign ministers on Wednesday.