×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
26
Aug 2026
weather symbol
Athens 32°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Germany requests exemption from EU borrowing limits to boost defense spending

Germany’s request may encourage other countries to follow the same path, Reuters reports

Newsroom April 28 02:20

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Germany has requested an exemption from the European Union’s borrowing limits in order to increase its defense spending over the coming years, according to Reuters, citing a letter from German Finance Minister Jörg Kukies.

Kukies had stated in an interview with the agency on Friday that Germany was likely to request such an exemption.

The European Commission has proposed allowing member states to raise their defense spending by 1.5% of GDP annually for four years without triggering the disciplinary measures that normally apply when a deficit exceeds 3% of GDP.

“We view the Commission’s proposal for the coordinated activation of the National Escape Clause of the Stability and Growth Pact as an important complementary measure to enable the increase of national defense expenditures, while also ensuring fiscal sustainability,” Kukies said in his letter.

>Related articles

Foreign governments attempted to hack the WhatsApp and Signal accounts of senior EU officials — Russia suspected

New European standards for materials in contact with drinking water: What changes in 2026

Elon Musk’s Transparency Offensive: Open-sourcing X’s entire codebase and making every government censorship demand visible

The Commission hoped that the proposal would receive broad acceptance from the EU’s 27 member states and contribute to boosting European defense investments by €650 billion over the next four years, aiming to deter potential Russian aggression.

However, so far, only Portugal and Poland have expressed interest in the exemption. Countries with high national debt levels have been reluctant to increase their borrowing for defense spending.

Germany’s request could encourage other countries to follow suit, although Germany’s public debt — 62.5% of GDP projected for 2024 — is significantly lower than that of Italy, France, and Spain, all of which exceed 100% and have shown reluctance to seek an exemption.

Ask me anything

Explore related questions

#eu#germany
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Kyriakos Mitsotakis meets UN Secretary-General candidate Carolina Rodriguez

August 26, 2026

“People were afraid”: Floating barriers installed to protect against purple jellyfish in Evia

August 26, 2026

“Green Breaths for Attica”: €60.4 million program for 13 redevelopment projects in parks, squares and public spaces

August 26, 2026

One person dies from West Nile Virus in the Netherlands

August 26, 2026

Mitsotakis to visit Thessaloniki, Florina, Kozani and Ptolemaida on Thursday and Friday

August 26, 2026

Meta to pay more than $16 billion to 29 U.S. States – settlement in lawsuit over children’s addiction to Facebook and Instagram

August 26, 2026

Yemen: Nearly 59,000 civilians killed or injured in Houthi attacks since 2015

August 26, 2026

Greek Americans in the U.S. Midterm Elections: From Chris Pappas to Kounalakis, and from Bilirakis to Nicole Malliotakis

August 26, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα