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What will be the impact of Germany's defense purchases on GDP growth in 2025?
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Resolution / Starting Odds
Less than 0.5% increase • 25%
0.5% to 1% increase • 25%
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Official GDP growth statistics from the German government or reputable financial institutions
Story
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.
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Similar markets
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