Germany’s coalition government and the conservative CDU/CSU alliance on Sunday agreed on the details of a €100 billion ($107 billion) boost to the country’s military spending.
After more than three hours of talks in Berlin, both sides finalized the plan to create a special fund for the armed forces.
Defense Minister Christine Lambrecht called it an “urgently needed step.” In a statement posted to Twitter, she said: “Finally, we can equip our troops as they deserve and as they urgently need to ensure national and alliance defense.”
German Chancellor Olaf Scholz also called the special fund “a huge step” for the security of Germany and Europe. “With 100 billion, we ensure that the Bundeswehr can fulfill its defense mission better than ever before,” he wrote on Twitter.
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