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Germany , Thursday 16 July 2026

Germany Boosts Defence and Investment Spending in 2027 Budget

Published on: Monday 06 July 2026

Germany Boosts Defence and Investment Spending in 2027 Budget Germany's cabinet has approved the 2027 budget draft, significantly increasing investment and defense spending to counteract economic challenges. The budget outlines a total spending of €555.4 billion and borrowing of €203.6 billion with a focus on boosting defense expenditures, aiming to raise defense spending to 3.5% of GDP by 2029.


News source: https://www.devdiscourse.com/article/business/3945912-germany-boosts-defence-and-investment-spending-in-2027-budget

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