Germany ramps up defense spending in new budget plan ahead of NATO summit
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Source: Politico
Published: 2026-07-07 03:10 UTC+10:00
Section: Budget
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Europe, Military & Defence, Germany, Tax & Budget, Elections, International Orgs, World News, War & Conflict
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Snippet:
BERLIN — Chancellor Friedrich Merz is putting Germany's rearmament drive at the center of government spending, with a draft budget approved by his cabinet Monday allocating one in every five euros of federal expenditure in 2027 to defense.
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