What’s holding back German rearmament? It turns out, a lot

Source: Responsible Statecraft
by Molly O’Neal

“With NATO’s 75th anniversary summit drawing near, German Chancellor Olaf Scholz told the Munich Security Conference in February that Germany would this year meet NATO’s 2% of GDP target for defense spending and would sustain this level ‘through the 2020s and 2030s.’ But Bastian Giegerich, the head of the London-based International Institute for Security Studies, has said that reversing the effects across Europe of more than 20 years of underfunding of defense capabilities will take at least a decade of substantially increased defense spending. He’s not alone in thinking this way, and for good reason.” (05/13/24)