Germany commits 100 billion euros to new armed forces fund

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Germany commits 100 billion euros to new armed forces fund
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Germany is committing 100 billion euros to a special fund for its armed forces. The move is a significant one and the latest in a series of major shifts in German defense and security policy this weekend in response to Russia’s invasion of Ukraine.

German Chancellor Olaf Scholz delivers a speech on the Russian invasion of the Ukraine during a meeting of the German federal parliament, Bundestag, at the Reichstag building in Berlin, Germany, Sunday, Feb. 27, 2022. The reflections are caused by a metallic handrail at the press tribune.

“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.

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