Germany's defense spending has become a focal point of international attention, particularly following U.S. Vice President JD Vance's controversial speech at the 2025 Munich Security Conference (MSC). Vance emphasized the need for European allies, including Germany, to increase their defense contributions. This aligns with ongoing pressure for Germany to modernize its military and meet NATO's 2% GDP target. The initial proposal of €53.25 billion for 2025 faces challenges from various political factions, with some arguing for a significant increase to around €80 billion annually.
This market resolves based on the officially approved German federal budget for 2025 for "Bundesministerium für Verteidigung" (Federal Ministry of Defence). It will close on October 31, 2025, or when the official 2025 German federal budget is approved and published, whichever comes first.
Careful: The special fund "Zeitenwende" with 100 billion Euros is not formally part of the ministry budget and comes on top.