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Germany says will reach NATO spending target by 2025
To make up for years of underinvestment
05 December, 16:51
(ANSA-AFP) - BERLIN, DEC 5 - Germany will match NATO's target
to spend two percent of GDP on defence by 2025, a government
spokesman said on Monday, as Berlin looks to make up for years
of underinvestment. Germany was "determined to come as close to
the two-percent target as possible with the options we have and
to reach the two-percent target in this legislative period",
ending in 2025, Chancellor Olaf Scholz's spokesman Steffen
Hebestreit told a regular press conference. Days after the
Russian invasion of Ukraine, Scholz announced a 100-billion-euro
($106-billion) fund to beef up Germany's military defences and
offset decades of chronic underfunding. But the spending
programme has struggled to get off the ground, as industry
strains to keep up with demand and key purchase plans are held
up. (ANSA-AFP).
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