If approved by the German Parliament (Bundestag), the increase will raise Germany's defense spending to 2.1% of GDP, far exceeding the 2% level committed by members of the North Atlantic Treaty Organization (NATO), the source added.
German Chancellor Olaf Scholz. Photo: Reuters
Bloomberg first reported the news on Saturday, citing people familiar with the matter. A spokesman for the German Defense Ministry said the Bundestag committee had not concluded talks and declined to comment further.
Germany's Bild am Sonntag newspaper also said the commission would approve an additional 4 billion euros. "Doubling military spending is both the right thing to do and important," said Andreas Schwarz, MP for the Social Democratic Party (SPD), who serves as military budget official.
“With this move, we will underline our promise to Ukraine to provide the necessary funds. The fact that we can also fulfill our obligations to NATO is a great success for the... alliance,” he said.
Diplomats also said this week that a European Union plan to spend up to 20 billion euros in military aid for Ukraine is facing opposition from some members.
Hoang Anh (according to Reuters, Bloomberg)
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