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Aircraft and finance: Germany increases the budget for the Defense

Berlin, Germany - The German Interior Minister: police and security need a better equip

The German government led by the Chancellor Angela Merkel approved an increase in the funds for the defense sector by about 6.2% over the next five years. The budget will rise from 1.2 billion to over EUR 34 billion and in 2019 the budget will grow for an extra EUR 8 billion. The increase in funding is about the first budget surplus after more than 40 years. The extra revenue will be used also for...

AVIONEWS - World Aeronautical Press Agency - 1167113
Rome, Italy, 03/20/2015 21:04
AVIONEWS - World Aeronautical Press Agency

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