Germany to miss NATO spending target – study ...News

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Berlin has, however, managed to earmark €10 billion ($10.5 billion) to buy American F-35A fighter jets, Bloomberg reports Despite Chancellor Olaf Scholz’s earlier pledge that Germany’s annual defense spending exceeds 2% of its Gross Domestic Product, it will likely fail to reach the NATO-defined target for years to come, a recent study has found. Meanwhile, the media, citing a government document, claims that Berlin has still managed to earmark €10 billion ($10.5 billion) to purchase American F-35A Lightning II fighter jets. On Sunday, the Rheinische Post newspaper, citing a report by the Cologne-based German Econ

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