Berlin, July 6, 2026 (AFP) - Big defence spending, aid cuts: German cabinet approves budget

NAMPA / AFP

2026-07-06

The German cabinet Monday approved a budget for next year that sets out vast new outlays for defence but drew criticism for cutting spending on climate action and aid. The plans, which still need to be approved by parliament, envisage Europe's biggest economy spending more than projected just a few months ago and also taking on greater debt. The 2027 defence budget rises by 33 percent from 2026, to almost 110 billion euros ($126 billion), as Ger......

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