Schmidt says Bonn plans won't allow 3% arms hike

West Germany will not meet a Western alliance target for a 3 percent real increase in 1982 military spending because of budget cuts, Chancellor Helmut Schmidt announced. Defense Ministry officials said that, after inflation was discounted, the revised budget provided for no increase at all, or even a slight reduction in real terms.

Presenting a range of austerity measures agreed upon at an all-day Cabinet meeting. Mr. Schmidt said the defense budget would rise by a nominal 4.2 percent in 1982, in line with overall government spending. This could cause friction with the US, which is pressing European allies hard to carry out a NATO pledge for a 3 percent increase in military spending.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK