Tuesday March 19, 2019
Germany is poised to renege on its promise to boost NATO spending, backtracking on a public commitment last year by Chancellor Angela Merkel to increase German military expenditure to 1.5 percent of gross domestic product by 2024 - bringing it closer to the 2 percent level set by NATO themselves, according to the Wall Street Journal.
If confirmed at a cabinet meeting on Wednesday, the move would mark a fresh step in the gradual estrangement between the US and its erstwhile loyal European ally and comes after Mr. Trump’s repeated attacks of North Atlantic Treaty Organization leaders for not meeting a 2 percent military-spending target. -WSJBerlin currently spends around €43 billion ($49 billion), equal to just over 1.2 percent of GDP on defense. Under a new plan unveiled on Monday by the finance ministry, the spending would rise to just 1.37 percent of GDP next year, then decrease again to 1.33 percent in 2019, 1.29 percent in 2022 and 1.25 percent in 2023.
"The commitment we have made to NATO states that spending should reach 2 percent if the budget conditions allow for it. We haven't abandoned the target but it remains a challenge that the federal government wants to master," said a senior government official.