Germany Will Fall Short Of Its Pledge To Spend 2 Percent Of Its GDP On Its Military

Politico.eu: Germany to miss 2 percent NATO defense spending target: think tank  

The German Economic Institute forecasts an almost €18 billion shortfall next year despite a boost in spending. 

Germany will fall short of its pledge to spend 2 percent of its GDP on its military, a leading economic think tank warned on Monday. 

Europe’s largest economy has committed to ramping up spending to meet the NATO-set target after years of neglect, going so far as to set up a €100 billion special fund to strengthen its military. 

Calling the Russian invasion of Ukraine in February a historic turning point, Chancellor Olaf Scholz said in its wake that there was a clear need “to invest significantly more in the security of our country in order to protect our freedom and our democracy.”  

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WNU Editor: A lot of rhetoric from Berlin on military spending. But in reality they are still not spending the money.