Germany Approves €6 Billion Defense Purchases, Agrees on 2025 Budget, Sources Say

Jul 5, 2024, 04:33 AM

Germany's budget committee has approved defense purchases worth more than 6 billion euros ($6.48 billion), including Leopard tanks, ammunition, and air defense systems such as Patriots, according to sources. This decision is part of a broader effort to bolster the country's military capabilities. The German government has also reached an agreement on the 2025 draft federal budget and measures to boost economic growth, averting a potential government collapse. The government aims to finalize the budget by July 17th.