The ruling conservative-left coalition of the German Bundestag Wednesday night passed a 2014 defense budget of €32.44 billion (US $44.13 billion), compared with a budget of €33.26 billion for 2013.
($1 billion cut)
http://www.defensenews.com/article/2014 ... nse-Budget
22 days earlier ...
Obama unveiled a $1 billion plan to bolster security for NATO allies. The package — dubbed the “European Re-Assurance Initiative” by aides — is “a powerful demonstration of America’s unshakeable commitment to our NATO allies,” Obama said.
http://www.defensenews.com/article/2014 ... med-Russia
- Change in German defense spending on Europe: -$1 billion
Change in U.S. defense spending on Europe: +$1 billion
Net Change in defense spending on Europe: $0
