Germany to raise national defense spending in 2019
Contributed by NAMPA / Xinhua.
BERLIN, Nov. 9 (Xinhua) -- The ruling "grand coalition" in Germany has finalized negotiations over a federal budget for the year 2019 on Friday, which will witness a marked increase in national defense expenditure.
According to spending plans presented by the budgetary committee of the federal parliament (Bundestag), funding for the ministry of defense will rise from 38.5 billion euros (43.6 billion U.S. dollars) in 2018 to 43.2 billion euros in the coming year. The boost to the finances of Germany's ...