Military expenditure. Germany is skimping on money

Even with a special fund of 100 billion euros for the Bundeswehr, Germany is likely to remain below NATO’s goal of spending 2% on defense. GDP.

The analyzes of defense budgets for 2022 and 2023 conducted by the German Institute of Economics (IW) show “a gap of almost EUR 18 billion“According to the study, in the coming years (until 2026), NATO’s goal will almost be achieved, but not exceeded, informs the Rheinische Post daily.

By contrast, as of 2027, the funding prospects are completely unclear. “If special funds are used by then, and the defense budget is not increased, then there will be a gap of around € 35 billion“- notes IW.

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