Report suggests Germany may miss defense spending target

Germany's tightening public finances are raising questions over whether the country will miss its military spending target at a time when the U.S. is increasing pressure on its European allies to increase defense budgets

BERLIN -- Germany's tightening public finances are raising questions over whether the country will miss its military spending target at a time when the U.S. is increasing pressure on its European allies to increase defense budgets.

The dpa news agency reported Tuesday that a Finance Ministry document circulated to other ministries for discussion suggests defense spending won't increase sufficiently to meet targets amid a projected budget shortfall of 24.7 billion euros ($28.3 billion) through 2023.

The Finance Ministry wouldn't comment, saying only the numbers won't be finalized until the end of March.