Ed Sheeran weaves Persian music into new song, Azizam    Rain expected in Makkah and Jeddah on Saturday    Al-Jadaan: Crown Prince's directives confirm government's ability to bring back balance to real estate market    China retaliates against Trump's trade war with 34% reciprocal tariffs on US goods    Saudi Arabia condemns Israeli escalation, targeting of civilians and Saudi warehouse in Gaza    Danish PM dismisses US desire to annex Greenland 'You cannot annex another country'    Macron lashes out against Trump's 'brutal' tariffs, calls for a pause in investment    Saudi Crown Prince, Iranian president discuss regional developments in Eid phone call    Veteran Bollywood actor Manoj Kumar dies at 87    New Laws of Commercial Registration and Trade Names take effect on Thursday    New fleet of 76 public transport buses starts operation in Jeddah on Tuesday Environmentally friendly electric buses introduced for first time    Foreign investors are allowed to engage in real estate business outside Makkah and Madinah Commercial speculation should not be the purpose of real estate transaction    Aubameyang fires Al Qadsiah into King's Cup final with stoppage-time winner over Al Raed    Cristiano Ronaldo joins Fatal Fury: City of the Wolves    Musk's X is suing India, as Tesla and Starlink plan entry    Tesla sales plunge after backlash against Elon Musk    Swedish table tennis legend Jörgen Persson appointed head coach of Saudi national team    Danilo Pereira fires Al Ittihad into King's Cup final with dramatic stoppage-time double    Screen time in bed linked to insomnia, study finds    Mexico bans junk food in schools to fight childhood obesity epidemic    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



German Defence min says won't reach savings goal
Published in Saudi Press Agency on 16 - 01 - 2011

German Defence Minister Karl-Theodor zu Guttenberg said on Sunday his ministry would not be able to reach the savings goal initially agreed by the cabinet, despite a comprehensive overhaul of the military, according to Reuters.
Guttenberg has spearheaded a plan to cut the size of Germany's armed forces by over a quarter as part of the country's biggest post-war defence cuts, even as it becomes increasingly active in international military missions.
In an interview with Welt am Sonntag, however, he said even these radical measures would not be enough to reach the government's goal of cuts in defence spending of 8.3 billion euros by 2014.
"It is widely known that even with this minimal number (of soldiers), we could save but we won't be able to reach the original savings goal," Guttenberg was cited as saying.
Guttenberg said he expected this would be taken into account in budget discussions over coming weeks: "They will take place, as usual, on the basis of realities."
Yet Guttenberg's admission could spark tensions in Chancellor Angela Merkel's centre-right government if other ministries are forced to take on the burden of further cuts.
Already in December, coalition budget experts have pressured the minister to stick to the agreed savings goal.
"The agreed financial plan is still valid -- also for the Defence Minister," said Otto Fricke, budget expert for Merkel's junior Free Democrat coalition partners ."A minister cannot simply step out of line according to his whim."
Berlin resolved in 2010 to find 80 billion euros worth of budgetary savings in the next four years, but pressure to consolidate the budget has arguably eased somewhat as the Europe's largest economy has recovered from recession.
The parliamentary budget committee will this Wednesday quiz Guttenberg about how he hopes to achieve his savings target and the financial impact of the Bundeswehr reform.
Guttenberg has announced plans to slim down the military to around 185,000 troops from 250,000 and end national service. His acknowledgement, however, that he will not be able to achieve his savings target could cast a slight shadow over his usually spotless image.
The 39-year-old aristocratic minister has been singled out by media as a potential successor to Merkel and consistently tops surveys ranking Germany's most popular politicians.
Guttenberg admitted the push to save money gave the necessary boost to push through a reform of the military.
"We needed a loud wake-up call to prove the need for reform," he said. "If we had just had a political debate about security, I am not sure, how much the future of the Bundeswehr would have been discussed beyond expert groups."


Clic here to read the story from its source.