BERLIN
Germany is having a hard time increasing its defense procurements despite a special €100 billion ($107.2 billion) fund to bring the country’s weapons and equipment back up to standard following decades of attrition since the end of the Cold War, according to experts.
It was only three days after Russia’s Feb. 24 attack on Ukraine when German Chancellor Olaf Scholz addressed the nation’s parliament to announce unprecedented plans for the largest-ever investment to upgrade the country’s military apparatus.
“It is clear that we must invest significantly more in the security of our country to protect our freedom and our democracy in this way,” said Scholz of the €100 billion special fund.
“It’s a major national effort. The goal is an efficient, progressive, state-of-the-art Bundeswehr (German military) that protects us reliably,” he added.
While…
