{"id":263600,"date":"2022-05-31T08:27:46","date_gmt":"2022-05-31T03:27:46","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=263600"},"modified":"2022-05-31T08:27:46","modified_gmt":"2022-05-31T03:27:46","slug":"germany-to-change-constitution-to-enable-110-billion-defense-fund","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/germany-to-change-constitution-to-enable-110-billion-defense-fund\/","title":{"rendered":"Germany to change constitution to enable $110 billion defense fund"},"content":{"rendered":"<p> BERLIN<br \/>\nGermany has agreed to change its constitution to allow for a credit-based special defense fund of 100 billion euros ($107.35 billion) proposed after Russia\u2019s invasion of Ukraine, the German finance ministry announced on Sunday.<br \/>\nGermany\u2019s centre-right opposition and ruling coalition with centre-left Social Democrats (SPD), Greens and pro-business Free Democrats (FDP) said they reached the required two-thirds majority to exempt the defense fund from a constitutional debt brake.<br \/>\nAccording to sources familiar with the matter, the negotiations were led by FDP leader Christian Lindner, SPD\u2019s Defense Minister Christine Lambrecht, Greens leader Annalena Baerbock and the opposition\u2019s vice whip Mathias Middelberg.<br \/>\nThe money is to be used over several years to increase Germany\u2019s regular defense budget of around 50 billion euros and enable the country to meet the NATO target of spending 2% of its economic output on defense each year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BERLIN Germany has agreed to change its constitution to allow for a credit-based special defense fund of 100 billion euros ($107.35 billion) proposed after Russia\u2019s invasion of Ukraine, the German finance ministry announced on Sunday. Germany\u2019s centre-right opposition and ruling coalition with centre-left Social Democrats (SPD), Greens and pro-business Free Democrats (FDP) said they reached [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":263631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-263600","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Germany to change constitution to enable $110 billion defense fund<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/germany-to-change-constitution-to-enable-110-billion-defense-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany to change constitution to enable $110 billion defense fund\" \/>\n<meta property=\"og:description\" content=\"BERLIN Germany has agreed to change its constitution to allow for a credit-based special defense fund of 100 billion euros ($107.35 billion) proposed after Russia\u2019s invasion of Ukraine, the German finance ministry announced on Sunday. Germany\u2019s centre-right opposition and ruling coalition with centre-left Social Democrats (SPD), Greens and pro-business Free Democrats (FDP) said they reached [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/germany-to-change-constitution-to-enable-110-billion-defense-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-31T03:27:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/05\/F-351639579986-0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"426\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" 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