"Where will the 200 billion actually come from?" (BILD)
More than 200 billion euros per year: that's how much Germany would have to spend on defense if it were to follow Donald Trump's (78) demand. The US President wants all NATO states to invest five percent of their gross domestic product (GDP) in national and alliance defense. So far, two percent has been agreed.
Volker Wieland: "How this affects the rating of German government bonds and the interest rate on German government bonds depends first and foremost on how much of this expenditure is financed on credit. But then many other factors also play a role, such as the level of the debt ratio, growth, inflation, etc."