'New budget' Is Germany spending too much on defense

Whether Germany is spending too much on defense has become the most polarizing economic and political debate in the country , following the Cabinet's July 2026 approval of a sweeping, defense-heavy ⁠2027 draft budget . Under Chancellor Friedrich Merz, core defense spending is set to jump by more than a third from €82.2 billion in 2026 to €109.7 billion in 2027 . This historic pivot aims to fast-track Germany's NATO commitment to reach 3.5% of GDP by 2029 .Become a supporter of this podcast: https://www.spreaker.com/podcast/today-s-take--6662936/support.