2025-06-16 22:55:09
Government

Germany Plans Bold Defense Spending Increase

Germany's Finance Minister, Lars Klingbeil, has announced plans to significantly boost defense spending. Currently at 2% of GDP, Klingbeil aims to increase it to 3.5% in the coming years.

This move aligns with discussions expected at the upcoming NATO summit, where member states will consider higher defense contributions. Klingbeil argues that the focus should not solely be on figures, but rather on ensuring national and allied security.

His proposal reflects a commitment to strengthening the Bundeswehr, Germany’s armed forces, as part of a broader strategy to enhance defense capabilities. Amid discussions about economic impacts, Klingbeil remains optimistic about reaching a consensus with regional governments on financial allocations.

This increase is seen as crucial for Germany to play a leading role in NATO and address global security challenges.

DER SPIEGEL
16. Juni 2025 um 20:30

Lars Klingbeil on Defense Spending: Vice Chancellor Ready for Substantial Increase - DER SPIEGEL

Finance Minister Lars Klingbeil (SPD) is willing to increase Germany's defense spending in the coming years to up to 3.5 percent of gross domestic product. He criticizes the purely number-oriented debate and emphasizes the need to invest more in the Bundeswehr in order to ensure the security of all. Klingbeil points to the upcoming NATO summit, where higher defense spending by member states is to be discussed.
Der Spiegel
16. Juni 2025 um 20:30

Lars Klingbeil on Defense Spending: Vice Chancellor Open to Significant Increase

Finance Minister Klingbeil criticizes the figures-focused debate on defense spending. At the same time, he emphasizes that he wants to invest significantly more in the Bundeswehr. Even 3.5 percent of economic output is possible.
gmx
16. Juni 2025 um 20:12

Klingbeil Ready to Increase Defense Spending

Federal Finance Minister Lars Klingbeil (SPD) is willing to increase Germany's defense spending to 3.5 percent of gross domestic product (GDP) in the coming years. This year, Germany will initially spend two percent of GDP on defense, but this is to be increased. Klingbeil points to the upcoming NATO summit, where significantly higher defense spending is expected to be discussed. However, he emphasizes that it should not only be about numbers, but also about the security of everyone.
Tagesspiegel
16. Juni 2025 um 20:35

"Let's make 3.5 percent": Klingbeil ready to increase defense spending

Federal Finance Minister Lars Klingbeil (SPD) is willing to increase Germany's defense spending in the coming years. He said that Germany will spend 2% of GDP on defense this year, but this figure will rise. Klingbeil hinted that significantly higher defense spending could be discussed at the NATO summit next week, up to 3.5% of GDP. He stressed that his priority is to ensure that everyone can live safely.
CW

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