In Foreign Policy U-turn, Germany Ups Military Spending, Arms Ukraine
In Foreign Policy U-turn, Germany Ups Military Spending, Arms Ukraine - The New York Times (nytimes.com)
Germany agrees to strengthen its military in the latest foreign policy about-face, amid pressure from allies and horror at Russia’s attack on Ukraine.
Germany would increase its military spending to more than 2 percent of the country’s economic output, beginning immediately with a one-off 100 billion euros, or $113 billion, to invest in the country’s woefully underequipped armed forces.
He added that Germany would speed up the construction of two terminals for receiving liquefied natural gas, or LNG, part of efforts to ease the country’s reliance on Russian energy.
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