💨 Abstract

CDU leader Friedrich Merz, Germany's chancellor candidate, has stated that the country should prioritize achieving current NATO defense spending targets (2%) before considering future increases. Germany, which is holding elections on Feb. 23, currently faces a funding gap of 30-40 billion euros per year to meet this target. The U.S. President-elect has proposed a new NATO spending target of up to 5% of GDP.

Courtesy: theprint.in

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