Germany's 5% of GDP Defense Spending Goal to Be 'War-Ready' Will Ruin Economy - Expert

NAMPA / Sputnik

2025-06-19

ST. PETERSBURG, June 19 (RIA Novosti) - Germany would "ruin" its economy by agreeing to a blitzing raise in its defense spending, particularly the NATO-proposed target of 3.5% to 5% of GDP, Ralf Dickel, an independent German energy expert specializing in international energy trade, told RIA Novosti on Thursday. In early May, media reported that NATO Secretary General Mark Rutte had proposed that NATO states increase their defense spending to 3......

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