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Germany may expand military to 230,000 troops in NATO push. December 18, 2024 at 9:43 AM. BERLIN (Reuters) - Germany may increase the size of its armed forces to 230,000, up from the current ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
Germany's military still has “too little of everything,” but progress is being made in securing new equipment nearly two years after a special fund was set up to modernize the Bundeswehr ...
Germany's Cabinet on Wednesday approved a draft 2024 budget that foresees lower spending, with defense among the exceptions, as Europe's biggest economy sticks to rules limiting borrowing that ...
A decision is planned for 2024, and it's planned to be financed by the €100 billion special fund. In January 2025, the decision has been made, and the Patria 6×6 was selected. The German Armed Forces requested a binding offer to Patria for 300 vehicles. The approval for the budget by the parliament is expected for the end of 2025. [58]
The federal budget for 2021 is €369.3 billion. [11] With total government spending of €1.76 trillion in 2021, the federal budget comprises only a fraction of total public sector spending in Germany. [12] Germany's budget for the 2005 fiscal year can be found below, which also outlines the basic budget structure.
The budget agreed this month had disappointed Defence Minister Boris Pistorius, who is in charge of efforts to reverse years of neglect and bolster Germany's defences in response to Russia's 2022 ...
The court ruling left the budget €60 billion short. [6] The government attempted to cover the resulting shortfall through re-allocating already planned funds, but this resulted in the 2023–2024 German farmers' protests and further decreased the public perception of the already unpopular government. [6] [7] [8]