💨 Abstract
Germany's opposition leader Friedrich Merz, a potential future chancellor, has stated that Germany will need to spend more than 2% of its GDP on defense, but first, they must reform their procurement system to make it more efficient. Merz dismissed Donald Trump's call for Germany to spend up to 5% of its GDP on defense, stating that it would require significant effort for Germany to reach the 2% NATO target within its regular budget.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Trump to world companies: Make products in US or face tariff
Trump tells Davos he will demand lower interest rates, oil prices
Rubio to visit Central America in late January in first foreign visit
Trump, Saudi crown prince speak about 'economic ambitions', trade, White House says
Oscars: Priyanka Chopra, Guneet Monga react as their film 'Anuja' gets nominated
Stocks steady, Treasury yields up as investors eye Trump's next move
Timothee Chalamet takes his look-alike's help to manage hosting duties at SNL
Soccer-Bayern's Davies ruled out with hamstring injury
Netflix musical 'Emilia Perez' piles up nominations for Oscars
Oil prices fall as Trump urges lower oil costs, weighs tariff
Powered by MessengerX.io