Can Germany afford a 5% NATO defense spending target?

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Can Germany afford a 5% NATO defense spending target?

cnbc.com/2025/06/24/can-germany-afford-a-5percent-nato-defense-spending-target.html

Tax hikes and soaring debt might be Germany's new reality, as NATO allies are set to soon face a higher defense spending target.
The country in 2024 spent around 2% of its gross domestic product (GDP) on defense, coming in at over 90 billion euros ($104 billion), according to a NATO…

This story appeared on cnbc.com, 2025-06-24 05:06:36.