Germany hits 2% NATO spending target for first time since end of Cold War
The German government is allocating the equivalent of 71.8 billion euros ($76.8 billion) for defence spending in the current year through regular and special budget outlays. However, the sum of its total defence spending is classified.
NATO's Secretary General Jens Stoltenberg said on Wednesday that 18 countries were expected to meet the 2% target. Image Courtesy: Reuters.