Germany will set up €500 billion special defense fund ...Middle East

He also said that the debt brake will be reformed for defense with spending above 1% exempted.

€500 billion is no small number, it's 12% of German GDP.

Up A separate report said this fund is also for infrastructure, which makes sense as that would be a gigantic jump in military spending.

This article was written by Adam Button at www.forexlive.com.

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