Merk argiewe: pleeg

Germany commits 100 billion euros to new armed forces fund

Germany commits 100 billion euros to new armed forces fund
German Chancellor Olaf Scholz says Germany is committing 100 billion euros to a special fund for its armed forces, raising its defense spending above 2 percent of GDP

German Chancellor Olaf Scholz said Sunday that Duitsland is committing 100 billion euros to a special fund for its armed forces, raising its defense spending above 2 percent of BBP.

“It’s clear we need to invest significantly more in the security of our country, in order to protect our freedom and our democracy,” Scholz told a special session of the Bundestag in Berlin Sunday morning.

The move is a significant one for Germany, which has come under criticism from the Verenigde State and other NATO allies for not investing adequately in its defense budget.