Germany’s New Defense Deal – WSJ

A big question for the North Atlantic alliance after Russia’s invasion of Ukraine is whether Germany is serious about Chancellor Olaf Scholz’s commitment to arming Europe’s largest country. Some sort of response came on Sunday night, and allies will have some peace of mind.

At the end of February, Mr Scholz promised rearmament after 30 years of underinvestment in the Bundeswehr. At the heart of his “tipping point” on foreign policy was a dual commitment to create a €100 billion ($108 billion) special fund for defense procurement and to spend 2% of gross domestic product on defense, in line with the goal of the North Atlantic Treaty Organization.

https://www.wsj.com/articles/germany-new-defense-deal-nato-two-percent-gdp-commitment-ukraine-russia-war-military-spending-olaf-scholz-11653929737 Germany’s New Defense Deal – WSJ

Alley Einstein

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