German Chancellor, Olaf Scholz arrives for the weekly federal government cabinet meeting on Oct. 11, 2023 in Berlin, Germany.
MUNICH, Germany — German Chancellor Olaf Scholz on Saturday reaffirmed Berlin's commitment to spend 2% of the national gross domestic product (GDP) on defense, this year and over the longer term.
"Germany will invest 2% of its GDP on defense in the 2020s, in the 2030s and beyond," Scholz told the Munich Security Conference.
It comes as NATO members across Europe have committed to upping their defense spending.
Eighteen of the US-led military alliance's 31 members will meet the 2% spending target this year, NATO Secretary-General Jens Stoltenberg said on Wednesday.
Persons:
Olaf Scholz, Scholz, Jens Stoltenberg, Stoltenberg, Donald Trump
Organizations:
Munich Security, Reuters, NATO
Locations:
Berlin, Germany, MUNICH, Europe, Russia