End Of Overseas Deployment Eases German Outlay

Credit: KMW
The German government's draft defense budget for 2014 is around €32.8 billion ($45 billion), a €400 million decrease compared to 2013. The budget will be reduced to around €32.1 billion by 2016 as the Bundeswehr—Germany's armed forces—reduces personnel in line with its transformation. End-strength...

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