Increase defense spending to two percent of GDP, as required by the North Atlantic Alliance is unrealistic for Germany. On Friday, March 31, said Minister of foreign Affairs of Germany, Sigmar Gabriel, said Finanzen.net.
“I believe the absurd assumption that in the next few years, Germany will spend the Bundeswehr 70 billion euros,” — said the Minister.
Gabriel added that Berlin is ready to do more to ensure security, but the German authorities don’t think it’s limited to just the increase in defense spending.
“We Germans currently spend a lot of money for the admission of refugees who come to us because military action has failed, without bringing the situation to stabilize. Thus, we see what can happen when attention is concentrated only on increasing military spending,” the Minister added.
Before March 31, U.S. Secretary of state Rex Tillerson, speaking to the foreign Ministers of NATO, reminded the members of the Alliance about the need to uphold the Charter and to pay for defense at two percent of GDP. At the moment, the United States actually pays 70 percent of the total budget of the Alliance, and only five NATO countries spend on defense is two percent or more.