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Title : Under Pressure From Trump, Germany Boosts Military Spending
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Under Pressure From Trump, Germany Boosts Military Spending

Visitors look at the Eurofighter Typhoon jet during the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Fabrizio Bensch/File Photo

Reuters: Military gets a boost in revised German spending plan

BERLIN (Reuters) - The German military has received a hefty boost in a revised budget plan from 2020 after Defence Minister Ursula von der Leyen refused to sign off the previous draft.

Finance Minister Olaf Scholz on Monday proposed adding 5.7 billion euros (£5 billion) to the planned military budget from 2020, to buy more ships, fighter jets and other weaponry over several years, on top of a more modest 323 million euro boost in 2019.

Germany is under pressure from U.S. President Donald Trump to boost its military spending to 2 percent of gross domestic product from the current 1.2 percent - an issue that has sparked great debate within the ruling coalition.

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Update: Under Pressure From Trump, Germany Boosts Military Spending (Zero Hedge)

WNU editor: Pressure from President Trump aside, they are also spending money because their military is in a mess .... Germany's Military Is A Total Mess (November 6, 2018).

Visitors look at the Eurofighter Typhoon jet during the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Fabrizio Bensch/File Photo

Reuters: Military gets a boost in revised German spending plan

BERLIN (Reuters) - The German military has received a hefty boost in a revised budget plan from 2020 after Defence Minister Ursula von der Leyen refused to sign off the previous draft.

Finance Minister Olaf Scholz on Monday proposed adding 5.7 billion euros (£5 billion)

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to the planned military budget from 2020, to buy more ships, fighter jets and other weaponry over several years, on top of a more modest 323 million euro boost in 2019.

Germany is under pressure from U.S. President Donald Trump to boost its military spending to 2 percent of gross domestic product from the current 1.2 percent - an issue that has sparked great debate within the ruling coalition.

Read more ....

Update: Under Pressure From Trump, Germany Boosts Military Spending (Zero Hedge)

WNU editor: Pressure from President Trump aside, they are also spending money because their military is in a mess .... Germany's Military Is A Total Mess (November 6, 2018).

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