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The Nexus
SECURITYJul 6 · 17:10 UTCPOLITICO EUROPENette Nöstlinger

Germany ramps up defense spending in new budget plan ahead of NATO summit

Germany’s 2027 budget allocates 20% of federal spending to defense, with plans to increase it to nearly one-third by 2030 to meet NATO’s 5% GDP target. The move, led by Chancellor Friedrich Merz and Finance Minister Lars Klingbeil, aims to strengthen military capabilities amid concerns over U.S. President Donald Trump’s criticism of European defense spending.

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GermanyplaceFriedrich MerzpersonLars KlingbeilpersonNATOorganizationDonald Trumpperson5% GDP defense targettopic
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