Tags: EU | Germany | Military Spending

New German Defense Minister Backs Higher Military Spending

New German Defense Minister Backs Higher Military Spending

Wednesday, 24 July 2019 07:38 AM

BERLIN (AP) — Germany's new defense minister is underlining her commitment to long-term military spending targets and says that financing must keep rising in order to meet the country's needs.

NATO members in 2014 agreed to "aim to move toward" increasing defense spending to 2% of their gross domestic product by 2024, though Germany has already said it doesn't expect to meet that goal. The U.S. has criticized Berlin's spending.

Annegret Kramp-Karrenbauer, who also leads Chancellor Angela Merkel's party, told lawmakers after being sworn in as defense minister Wednesday that she's committed to the 2% target and Germany must reach 1.5% by 2024. She said spending needs to remain on "a reliable constantly growing path."

The junior partners in Merkel's coalition, the Social Democrats, question the 2% target.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
GlobalTalk
Germany's new defense minister is underlining her commitment to long-term military spending targets and says that financing must keep rising in order to meet the country's needs.NATO members in 2014 agreed to "aim to move toward" increasing defense spending to 2% of their...
EU,Germany,Military Spending
127
2019-38-24
Wednesday, 24 July 2019 07:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved