Germany reportedly walked back a pledge to meet NATO's target of spending 2% of GDP on defense annually, instead vowing to uphold that average over five years.
to spend at least 2% of its gross domestic product annually on defense was quietly removed from Finance Minister Christian Lindner’s draft of a new budget financing law.
President Joe Biden chats with leaders of other alliance states on the first day of the 2023 NATO Summit on July 11, 2023, in Vilnius, Lithuania. "The good news is that European Allies and Canada are stepping up," Stoltenberg said in July."This year, we have new numbers showing that they have added 8.3 percent in real terms for the defense budget. This is a record high, and that demonstrates that Allies are delivering on their commitments."
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