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Germany will create a special fund for the construction of its armed forces, which will be provided in the amount of 100 billion euros. As a result, Germany will spend more than 2% on defense purposes. your GDP.
We must invest much more in defending our country to protect our security and our democracy,” Schulz said during a special meeting of the Bundestag on Sunday. He added that it was part of a deal targeting Russia for its aggression against Ukraine. With this attack, Putin is not only trying to erase a country from the world map. The German chancellor added that this is a desire to destroy the European security architecture.
This is another military decision for Berlin that was significant in the last hours. On Saturday evening, the German Ministry of Defense approved the delivery including. 400 anti-tank grenade launchers to Ukraine via the Netherlands.
These decisions mark a major turning point in the politics of Germany, which for years has been criticized for insufficient investment in defense and for its loyalty to Putin’s Russia. Recently, Germany was accused of doing little to respond firmly to Putin’s aggression in Ukraine. Chancellor Schulz has so far insisted that Germany will not supply arms to Ukraine.
So far, Germany has spent less than the 2% requested by NATO for military purposes. Gross domestic product. In 2020, they allocated less than $53 billion, up 1.4%. Gross domestic product.
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