Germany Cannot Defend Itself without New Debt, Says Finance Minister
Finance Minister Lars Klingbeil says higher borrowing will fund a stronger military, with core defence spending set to rise to 109 billion euros in 2027.
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6 Articles
Germany cannot defend itself without new debt, says finance minister
By Maria Martinez BERLIN, Sept 8 (Reuters) - Germany cannot defend itself without taking on new debt, Finance Minister Lars Klingbeil said on Tuesday, justifying rising defence spending amid growing threats. "It's like flying to the moon without a rock...
The core budget for defence is about Euro109.7 billion, about one third more than in 2026; until 2030, defence spending will continue to increase.
Germany cannot defend itself without taking on new debt, Finance Minister Lars Klingbeil said on Tuesday, justifying the increase in defense spending amid growing threats. “It is… Klingbeil: Germany cannot defend itself without taking on new debt - ΙΝΑΤΕΜΒΟΡΙΚΗ
Germany will reach the NATO target of 3.5 per cent of national GDP by 2029, announced by FRG Minister of Finance Lars Klingbail.
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