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Germany set to vote on historic increase in defence spending

BBC Business LogoBBC Business1d ago

Germany set to vote on historic increase in defence spending - BBC Business

Quick Summary:

German MPs could pave the way for huge investments to defend Europe against a threatening Russia.

The proposal being voted on in Berlin is that any spending on defence that amounts to more than 1% of Germany's GDP (national wealth) would no longer be subject to a limit on borrowing.

When it comes to "conventional", ie.non-nuclear arms, Western defence chiefs are fond of saying that Nato's combined forces are superior to Russia's.

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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 01:00:24 (1 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1437 words

Reading Time: 8 minutes read

Sentences: 59 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 27139518

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 8 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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  • URL: https://beamstart.com/news/germany-set-to-vote-on-17422830836885

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