German Chancellor Angela Merkel said on Monday that welfare and social spending must take precedence over the increased military expenditure demanded by U.S. President Donald Trump. The conservative leader's Social Democratic (SPD) rivals in an election on Sept. 24 have accused her of bowing to the U.S. administration's demand that Germany meet NATO's spending target of 2 percent of national output on defense.
Read more: https://www.investing.com/news/economy-news/welfare-comes-before-defense-spending-merkel-518192?source=Snapzu
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