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Schulz said there should be “disarmament initiatives instead of an arms race”. (Photo: consilium.europa.eu)

Schulz opposes '2 percent' Nato goal

Martin Schulz, the centre-left contender to become Germany's next chancellor, said he would not pursue policies to achieve an increase of defence spending as agreed with Nato allies.

Schulz said the long-term goal of reaching a defence budget of two percent of gross domestic product (GDP), would mean that Germany would increase military spending by at least €20 billion in the coming years.

“That can definitely not be the goal of a government led by me,” said Schulz at a press conf...

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