Germany announced earlier this month that it will increase its defense spending to 1.5 percent of GDP by 2024, but will fail to meet its NATO spending obligation of 2 percent of GDP.
Of course, the devil is in the details. This increase could go to all sorts of insincere projects that are not intended to defend continental Europe but create domestic jobs.
And a lot can happen in German domestic politics before 2024.
Yet this is “a step in the right direction.”
The article can be read here.