German military spending soars amid growing deficit
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The budget shortfall reached €127 billion last year, the highest since 2022, according to official statistics
Germany’s military spending shot up by over 23% to €39 billion ($45 billion) last year, pushing the budget deficit to the highest level in four years, the Federal Statistical Office has reported.
Following the escalation of the Ukraine conflict in 2022, Berlin began a military buildup, with defense expenditure projected to exce
Germany’s military spending shot up by over 23% to €39 billion ($45 billion) last year, pushing the budget deficit to the highest level in four years, the Federal Statistical Office has reported.
Following the escalation of the Ukraine conflict in 2022, Berlin began a military buildup, with defense expenditure projected to exce
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