US EditionGermany to Approve Record €52bn Spending on Defence
8 Articles
8 Articles
According to a report, the Bundestag's Committee on Budgets has a list of new defence projects totalling around EUR 52 billion.
The armaments company Rheinmetall is expanding into space. It is expected to send satellites to space for several billion euros, which provide information to the Bundeswehr in Lithuania. The project could cost up to three billion euros.
Germany: The historic €52 billion rearmament and the paradox of a runaway economy - Economic Scenarios
Friedrich Merz wants the Bundeswehr to be the strongest in Europe, but the price is being paid by a tax-strapped private sector. An analysis of a "revolution" amid tanks and red numbers. There's a new air in Berlin, or perhaps it's just the smell of gunpowder mingling with the smell of burning budgets. Germany has decided to stop playing the pacifist game and is preparing to launch the largest military procurement package in its recent history. …
The German Chancellor, Friedrich Merz announced it in May in his inaugural speech to Parliament in Berlin and, everything points to the fact that the compromise will materialize sooner rather than later. "Our friends and partners also expect this from us; in fact, they practically demand it," Merz told the Bundestag deputies.Germany seeks to transform its army into the strongest in Europe to help counter Russia's growing threat. Thus, German leg…
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