This is another of many announcements by Berlin politicians to increase their investment in defence. Vice-Chancellor Lars Klingbeil's message coincides not only with the presentation of the budget before the Bundestag, but besides with the NATO summit in The Hague, where it will be discussed to rise the threshold of GDP participation in the financing of defence policy to 5% of GDP. In the German assumptions, these expenditures are already expected to exceed EUR 150 billion in 2029. This will represent 2.4% of GDP and 3.5% of GDP respectively. GDP. By comparison, in 2024 it was 2.1% of GDP.
