Posts tagged as defense spending goal

Germany to miss NATO defense spending goal

Tuesday, May 15, 2018

Germany will fail to meet an annual defense spending goal of 2 percent of gross domestic product (GDP) for members of the North Atlantic Treaty Organization (NATO), the country’s Defense Minister Ursula von der Leyen (CDU) announced on Monday. Speaking during an annual conference of the armed forces (Bundeswehr) in Berlin, von der Leyen predicted that the German military budget would only grow gradually from currently 1.24 percent of GDP…