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German defence budget bolstered by EUR8 billion over four years

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The German cabinet approved on 18 March an increase in the defence budget by a total of EUR8 billion (USD8.6 billion) spread out over the next four years until 2019. The new budget outlook is now EUR34.209 billion for 2016, EUR34.755 billion for 2017, EUR34.879 billion for 2018 and EUR35.009

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