Contents tagged with defense spending
-
Kremlin: Russia cannot give up current defense spending 'in present situation'
Russian Minister of Finance Anton Siluanov has stated that Russia cannot give up current defense spending in the present situation, RIA Novosti reports.
"I am perfectly aware that in the current situation, we can not abandon the costs of defense.... Today, budgetary spending on defense and security is about a third of all expenditures; this is a large share, but absolutely justified by the fact that our country is a nuclear power and has to repel all those political attacks that are [being …
-
Poland to spend additional $55 billion over 15 years on strengthening its defense
Over the next 15 years, Poland will allocate additional $55 billion to army modernization due to Russia’s continued aggressive behavior, said Polish Deputy Minister of National Defense Tomasz Szatkowski, Reuters reports.
“Poland will allocate an additional 200 billion zloty ($55 billion) to defense in the next 15 years to modernize its army due to the signs of growing aggression from Russia," he stated. According to Szatkowsky, this step corresponds with Polish government plans to gradually …
-
Merkel reaffirms Germany's commitment to increase defense spending
German Chancellor Angela Merkel has made assurances that the government will fulfill its obligations to increase defense spending until 2024 to the NATO target of 2% of GDP each year.
She stated this in interviews with the German television channel Phoenix and the radio station Deutschlandfunk, Deutsche Welle reports.
At the same time, she refuted accusations from the Social Democratic Party of Germany (SPD) that the increase in defense spending would come from a reduction in social programs." …