Germany Announces Costed Plans to Reach 3.5% Defence Spending by 2029 – Guido Fawkes

Germany Announces Costed Plans to Reach 3.5% Defence Spending by 2029

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Germany has announced it will raise its core defence spending to 3.5% by 2029. It is currently at 2%…

Plans have been laid out in the budget framework to increase spending from €95 billion in the 2025 draft budget to €162 billion in 2029. Spending will ramp up each year until then…

Labour is struggling to set out how it will get even to 2.5% by 2027. Starmer’s failure to spell out how the UK will reach 3% has caused significant embarrassment for Labour from the time of the Strategic Defence Review. If there was a time for Starmer to push through a major costed shift in defence spending it would be this week at a NATO summit setting a 5% target for all member states…