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Germany is committing $113 billion to new armed forces funds

by Ayaz Ahmet
February 28, 2022
in World
1 min read
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Germany has committed 100 billion euros ($113 billion) to a special funds for its armed forces, German Chancellor Olaf Scholz said on Sunday, raising defense expenses above 2% of GDP.

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

the move is an important one for Germany, criticized by the United States and other NATO allies for not investing enough in son defense budget.

de Scholz announcement which occurred during a special session of The German Bundestag on Sunday morning was the latest in a series of major changes in German defense and security policy This weekend in reply to russia invasion of Ukraine.

Saturday evening, the German government announced that would send weapons and other supplies directly to Ukraine, which bat to prevent Russia from invading its capital city.

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