But nowhere near what the Germans pledged to do long, long ago.
Germany to match US contribution to NATO budget – From 2021, Germany will increase its contribution to the NATO budget to be in line with what the US pays. NATO officials hope the move will diffuse tensions surrounding the cost of maintaining the military alliance.
Gee. I wonder what – or who? – finally got the Germans to act?
Starting in 2021, the share of the NATO budget covered by Germany will increase from 14.8% to 16.35%, while the share covered by the US will decrease from 22.1% to 16.35%…
NATO officials hope the new agreement will alleviate some of the tension around the topic of NATO financing. US President Donald Trump has complained that the US covers more than its fair share of the costs for the alliance. He has demanded that other member states make good on their pledges to increase their NATO contribution to 2% of GDP by 2024 (pledged nearly twenty years ago), a goal that Germany will not reach.
Merkel on Wednesday vowed to reach the 2% mark by the “early 2030s.”