German Defence Minister Ursula von der Leyen wants a budget increase of €12bn ($14.6bn) on top of what her ministry was set to be allotted for 2019-2021 by the country’s last finance minister.Von der Leyen’s demand is on top of what former finance minister Wolfgang Schaeuble earmarked in his budget draft from last summer, German newspaper Bild am Sonntag reported yesterday.Current Finance Minister Olaf Scholz only plans to allot the military somewhere around €6bn more than Schaeuble did for the three year period.On Wednesday, Germany’s cabinet is due to resolve the so-called benchmarks for both the 2019 budget and a …read more
Source: Gulf times
