Germany Revamps And Rearms Military With $107 Billion Modernization

Germany Revamps And Rearms Military With $107 Billion Modernization

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Germany's centre-left government and conservative opposition have agreed to a deal that will release 100 billion euros ($107 billion) to modernize and rearm the German military in the face of a looming Russian threat. This agreement was reportedly reached late Sunday. It will create a special fund for military procurement that will also allow Berlin to achieve NATO's target of spending two percent of GDP on defense.

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