Monday, March 18, 2019

Germany rebuffs Trump, reverses pledge to increase NATO spending as economic growth slowdown looms


The government has yet to endorse the draft, which will be put to the cabinet on Wednesday. It will again approve the final plan in early summer before parliament has the last word.

Yet while this means the figures aren’t cast in stone, an economic slowdown, its expected impact on tax revenues, and the reluctance of both parties in Ms. Merkel’s coalition to fight for unpopular military spending or appear to appease Mr. Trump, make a reversal unlikely.