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Germany: defense budget will reach 42.9 billion

Defense minister's will see to increase the funds for the armed forces

The German Minister of Finance Olaf Scholz has endorsed to increase the budget allocated to expenditure for the German armed forces, reaching a budget of about 42.9 billion euros for 2019. An increase in military spending of 4 billion more than in 2018 and 675 million more than the budget that had been foreseen for next year. A victory by the Minister of Defence Ursula von der Leyen, who had been asking...

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