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Reuters
Reuters
Business

Germany's defence fund not enough, sending fighter jets 'ruled out': defence minister

FILE PHOTO: German Defence Minister Boris Pistorius puts on ear protection during firing practice, at armoured infantry training area Altengrabow, Germany January 26, 2023. Kay Nietfeld/Pool via REUTERS

Germany's 100 billion euro ($108 billion) special defence fund is no longer enough to cover its needs, the new Defence Minister Boris Pistorius said in an interview with Sueddeutsche Zeitung published on Friday.

Pistorius, who took office last week after his predecessor resigned, said Germany would also need to raise its annual regular defence spending from the current level of around 50 billion euros.

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