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Europe
Germany's budget hole casts doubt over defense spending goals
2019-02-05
[DW] Germany is reportedly expected to collect less tax revenue over the next five years. The shortfall casts doubt on whether the government can meet NATO
...the North Atlantic Treaty Organization. A collection of multinational and multilingual and multicultural armed forces, all of differing capabilities, working toward a common goal by pulling in different directions...
defense spending goals and avoid the ire of its allies.


Germany will meet its pledge to boost military spending to 1.5 percent of economic output by 2025, Defense Minister Ursula von der Leyen said Monday following reports that a budget gap could undermine that goal.

The Finance Ministry estimates that Germany would need to allocate far more money to defense spending than it already has in order to raise the defense budget to 1.5 percent of economic output by 2024, according to an ministry analysis seen by Rooters and DPA news agency.

The analysis reportedly also predicts a €25 billion ($28.6 billion) shortfall in tax revenues up until 2023 due to a slowing economy.

Germany is under pressure from the United States and other NATO allies to increase spending to 2 percent of GDP in line with an alliance agreement struck in 2014. Last year, the government promised NATO allies that it would meet 1.5 percent by 2024.

Spending on the military has been a source of tension between Germany's ruling coalition, with Scholz's Social Democrats (SPD) opposing demands from Chancellor Angela Merkel
...chancellor of Germany and the impetus behind Germany's remarkably ill-starred immigration program. Merkel used to be referred to by Germans as Mom. Now they make faces at her for inundating the country with Moslems ..
's conservatives (CDU/CSU) for a rapid rise in the defense budget.

COALITION AGREEMENT
Defense Minister Ursula von der Leyen, a CDU member, said during a visit to Latvia that coalition partners had been "clear" in their commitment to boost military spending to 1.5 percent of GDP.

Budget talks had just begun and would be completed by March, she added.

Military spending rose to 1.24 percent of GDP in 2018 from 1.18 percent the year before. However,
alcohol has never solved anybody's problems. But then, neither has milk...
current budget plans have defense spending reaching only 1.23 by 2022.

Reaching the 1.5 percent target could prove politically difficult because it would likely require shifting money from other government programs to the military.

The German government maintains a policy known as the "schwarze Null" ("black zero"), which requires a balanced budget and no new net borrowing.
Posted by:trailing wife

#2  If they can't afford an army, then they can't afford to be an independent country.
Posted by: DarthVader   2019-02-05 18:28  

#1  Odd, it's almost as if we had been subsidizing them all this time.
Posted by: Cesare   2019-02-05 09:57  

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