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Merkel Says Germany Remains Committed To Iran Nuclear Accord

17 May 2018

The latest one, according to an American ambassador to Germany, is that he showed his bedroom to German Chancellor Angela Merkel during her last visit to the White House.

The target was not some fetish, but reflected changing security requirements in the world, she told senior officers at her first appearance at a biennial meeting of military top brass since 2012. She said it was clear that the German military needed to rebuild its stocks of equipment after years of declining spending.

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Finance Minister Olaf Scholz, a Social Democrat, told reporters last week that tax estimates offered limited scope for additional fiscal spending up to 2022 and available money would be used to boost investment in digitisation and lower income taxes.

In an address Monday, Germany's defense minister said the government will allocate 1.5-percent of gross domestic product by 2025.

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Although NATO allies fall short of the 2 percent level, many nations in the alliance have increased defense spending within the past year.

Germany plans to spend on defense is 1.5% of GDP until 2025 despite the North Atlantic Treaty Organisation requirement to spend 2%. "Rather, fulfilling our global commitments plus the defense of the alliance and our country make such an expense necessary".

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On Tuesday, EU foreign policy chief Federica Mogherini said that after talks with the foreign ministers of the United Kingdom, France, Germany, and Iran in Brussels, the sides had agreed to work out practical solutions in response to the U.S. withdrawal from the Joint Comprehensive Plan of Action (JCPOA), known as the Iran nuclear deal, within the next few weeks. "However, transatlantic relations have to overcome the difference in approaches in these very days, first of all, against the backdrop of the United States withdrawal from the treaty with Iran", she added.

Merkel Says Germany Remains Committed To Iran Nuclear Accord