Germany is likely to ask the European Commission for an exemption from European Union borrowing limits to increase defence spending in coming years without breaking EU rules, German Finance Minister Joerg Kukies told Reuters on Friday.
“It looks likely that we may do that, but the final decision needs to be taken,” Kukies said in an interview on the sidelines of the International Monetary Fund and World Bank meetings in Washington. He added that this matter is being discussed in the German government in coordination with the incoming coalition parties.
