Germany Boosts Defense Spending to Meet NATO Target | JQJO

Germany will dramatically increase its defense spending to €153 billion by 2029, up from €86 billion in 2025, to meet a new NATO target of 5% of GDP. This involves suspending Germany's debt brake and seeking EU approval for exceptions to deficit rules. The increase, partly driven by US pressure but framed by Chancellor Merz as a realistic response to Russia, includes €8.3 billion in military aid to Ukraine next year. While the 5% target was approved by NATO, some countries seek exceptions, and a consensus communiqué is expected. Merz will advocate for streamlined EU defense procurement in Brussels.