"Germany's Defense Minister Calls for Increased NATO Spending Beyond 2%"

1 min read
Source: CNBC
"Germany's Defense Minister Calls for Increased NATO Spending Beyond 2%"
Photo: CNBC
TL;DR Summary

Germany's defense minister, Boris Pistorius, stated that the 2% GDP spending target for defense set by NATO is just a starting point and more may be needed in the future due to increasing geopolitical tensions. He emphasized the need for attention to global events and the development of the defense industry. Pistorius did not confirm a specific percentage but suggested that it could potentially reach 3% or 3.5% depending on global circumstances.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 2 min read

Condensed

81%

37372 words

Want the full story? Read the original article

Read on CNBC