Germany boosts military budget to “protect freedom and democracy”
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The German chancellor will allocate an extraordinary sum of 100 billion euros to equip his armed forces and will make an annual investment of more than 2% of GDP in Defense.

In an extraordinary session at the Bundestag to assess the situation in Ukraine, Olaf Scholz announced that the armed forces will have an extraordinary budget of 100 billion euros for equipment, with the country increasing annual investment in defense to more than 2% of GDP.

In his speech this morning, following the Russian invasion of the neighboring country, Olaf Scholz stressed the need for an “efficient, state-of-the-art and advanced” army to protect the country, among other threats, from the one represented by Vladimir Putin’s Russia.

The German army has suffered from under-equipment for years. The value of the investment in defense is higher than what the North Atlantic Treaty Organization (Nato) asks for, added the chancellor, quoted by the France-Presse agency. “From now on we will, year after year, invest more than 2% of our GDP in our Defense”, he told the Chamber of Deputies.

From now on, year after year, we will invest more than 2% of our GDP in our Defense.

Olaf Scholz
Chancellor of Germany

Also today, Germany decided to close its airspace to Russian airlines and private jets, starting at 3 pm (2 pm in Lisbon). The announcement was made by the Ministry of Transport, following a measure adopted by almost all European countries, and that this Sunday must be formally adopted by the EU.

“The German Ministry of Transport has decreed a flight ban for Russian planes and aircraft operators in German airspace,” he said, specifying that this ban is valid for three months and does not involve any humanitarian flights.

On Thursday, Russia launched a military offensive in Ukraine, with ground forces and bombing targets in several cities, which has already caused about 200 deaths, including civilians, and more than 1,100 wounded, in Ukrainian territory, according to Kyiv. The UN reported nearly 370,000 displaced people to Poland, Hungary, Moldova and Romania.

Russian President Vladimir Putin said that the “special military operation” in Ukraine aims to demilitarize the neighboring country and that it was the only way for Russia to defend itself, with the Kremlin specifying that the offensive will last as long as necessary.

The attack was condemned by the international community in general and led to emergency meetings of several governments, including the Portuguese, of the North Atlantic Treaty Organization (NATO), the EU, and the UN Security Council, with mass sanctions being approved against Russia.

Source: With Agencies

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