Write For Us

How will Germany spend its massive €100 billion military budget? | DW News

Sponsored Post Vitamin D2 Canada Persia
47 Views
Published
Shortly after Russia invaded Ukraine, German Chancellor Olaf Scholz announced a historic increase in military spending. It included a one-time sum of 100 billion Euros to swiftly upgrade the armed forces, and a pledge to spend at least 2 percent of Germany's economic output on defense every year. So what exactly is Germany planning to buy with these billions?

Germany's government has just announced it's activating its early warning plan in anticipation of possible shortages of gas supplies from Russia.
Economy Minister Robert Habeck stressed that there are currently no shortages, but that the government would be establishing a crisis team to monitor the situation more closely. The move follows Russia's demand for gas payments in rubles, which Germany and other western nations have rejected.

00:00 Massive budget to build up Germany's army
02:39 Possible gas supply shortages

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#Bundeswehr #Military #F35
Category
Europe
Tags
trump, nato spending, nato military spending
Sign in or sign up to post comments.
Be the first to comment