Germany readying 1.5% of GDP for dual military use infrastructure, says Merz
Germany readying 1.5% of GDP for dual military use infrastructure, says Merz
Published by Global Banking and Finance Review
Posted on May 21, 2025
Published by Global Banking and Finance Review
Posted on May 21, 2025
BERLIN (Reuters) -Germany plans to allocate 1.5% of its economic output to infrastructure that has military uses, Chancellor Friedrich Merz said on Wednesday.
Speaking at a construction industry event, Merz said the plans meant military spending would go beyond the 3.5% allocation to military procurement it had signed up to under NATO rules.
"On the path to the NATO summit at the end of June, we have committed ourselves: the 3.5% NATO quota for military procurement, but in addition 1.5% available for infrastructure that is militarily useful like bridges and roads," he said.
(Reporting by Thomas Escritt and Matthias Williams, Editing by Madeline Chambers)
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