German Chancellor Olaf Scholz on Monday dismissed incoming US president Donald Trump's demands that Germany and other NATO allies spend at least 5% of gross domestic product (GDP) on defence. "Five percent would be over €200 billion ($204 billion) per year,

BERLIN (Reuters) - Germany met the NATO alliance's target to spend 2% of its gross domestic product on defence in 2024, a government spokesperson said on Monday, as the country weighs the need to further boost longer-term military funding commitments.

Ukraine’s President Zelenskyy asked whether the US saw NATO as being necessary as he addressed the World Economic Forum in Davos. Leaders from China, Ukraine and Germany have taken the stage on day one.

Other German politicians have equally rebuked US President-elect Donald Trump over his demand that NATO's European members should more than double their defence spending.

Chancellor Olaf Scholz's three-party coalition buckled under the cascading challenges and broke apart on November 6, the day Trump won re-election, hurtling Germany into turmoil and towards early elections on February 23.

After years in which Germany's Chancellor Olaf Scholz has been accused of treading lightly on European and world stages, conservative election front-runner Friedrich Merz has vowed a bold return to international affairs.

Chancellor Scholz says spending 5% of GDP on defense would require Germany to allocate more than €200 billion ($204 billion) annually on military expenditures - Anadolu Ajansı

Speaking in Davos, Ukrainian President Volodymyr Zelenskyy questioned whether Trump was committed to NATO and European security.

He warned that although it was not clear that Putin had plans to attack Nato, he was “clearly creating ... £2.5 billion aid package for Ukraine. Olaf Scholz, the chancellor, has said that ...

NATO Secretary-General Mark Rutte says the alliance is launching a new mission to protect undersea cables in the Baltic Sea region.

German Chancellor Olaf Scholz has insisted that he is committed to NATO spending, but that Donald Trump's demands are too high. One other NATO member, however, has welcomed the incoming US President's suggestion.

Under Chancellor Olaf Scholz's centre-left government ... recently said members of the NATO military alliance should even spend 5% of GDP on defence – which would be a huge increase from ...