The Japan Times - German MPs approve 50 bn euros in military purchases

EUR -
AED 4.202411
AFN 73.235002
ALL 93.9451
AMD 420.678057
ANG 2.048741
AOA 1049.890918
ARS 1708.312595
AUD 1.651213
AWG 2.062583
AZN 1.949836
BAM 1.955698
BBD 2.30538
BDT 141.132639
BGN 1.934858
BHD 0.431577
BIF 3404.622415
BMD 1.14429
BND 1.477123
BOB 7.926587
BRL 5.916437
BSD 1.14464
BTN 109.047312
BWP 15.438195
BYN 3.321027
BYR 22428.090154
BZD 2.30208
CAD 1.624836
CDF 2570.076459
CHF 0.916594
CLF 0.026912
CLP 1059.174754
CNY 7.768706
CNH 7.764588
COP 3848.999237
CRC 521.4728
CUC 1.14429
CUP 30.323693
CVE 110.259249
CZK 24.19568
DJF 203.829368
DKK 7.478628
DOP 67.806463
DZD 152.60404
EGP 56.395058
ERN 17.164355
ETB 183.546226
FJD 2.586612
FKP 0.856767
GBP 0.854554
GEL 3.015251
GGP 0.856767
GHS 13.003322
GIP 0.856767
GMD 82.965454
GNF 10038.476394
GTQ 8.735544
GYD 239.427511
HKD 8.976557
HNL 30.636402
HRK 7.538017
HTG 149.712191
HUF 353.483164
IDR 20590.817625
ILS 3.431327
IMP 0.856767
INR 108.954179
IQD 1499.42179
IRR 1574486.25789
ISK 144.089478
JEP 0.856767
JMD 181.200549
JOD 0.811347
JPY 184.648452
KES 148.00228
KGS 100.065561
KHR 4583.760912
KMF 493.189526
KPW 1029.861683
KRW 1749.36247
KWD 0.355062
KYD 0.95395
KZT 541.301766
LAK 25845.651894
LBP 102500.253599
LKR 383.390002
LRD 207.749164
LSL 18.566032
LTL 3.378792
LVL 0.69217
LYD 7.336617
MAD 10.704142
MDL 20.13395
MGA 4852.746881
MKD 61.631785
MMK 2402.656197
MNT 4102.12012
MOP 9.246518
MRU 45.681617
MUR 53.839292
MVR 17.691161
MWK 1984.896468
MXN 19.989726
MYR 4.65845
MZN 73.132026
NAD 18.566032
NGN 1567.769704
NIO 42.117803
NOK 11.261005
NPR 174.475899
NZD 2.003836
OMR 0.441357
PAB 1.14464
PEN 3.894897
PGK 5.028738
PHP 70.375043
PKR 318.231701
PLN 4.293435
PYG 6959.636986
QAR 4.184282
RON 5.227162
RSD 117.370878
RUB 88.095405
RWF 1675.712595
SAR 4.297696
SBD 9.22131
SCR 15.409196
SDG 687.15054
SEK 11.051625
SGD 1.477741
SHP 0.854328
SLE 27.863894
SLL 23995.199932
SOS 654.165879
SRD 42.986453
STD 23684.499186
STN 24.498722
SVC 10.015478
SYP 126.480809
SZL 18.563032
THB 38.133518
TJS 10.610547
TMT 4.016459
TND 3.378224
TOP 2.755177
TRY 53.515602
TTD 7.757595
TWD 36.546387
TZS 3005.843216
UAH 50.978341
UGX 4177.782087
USD 1.14429
UYU 46.037599
UZS 13712.284769
VES 731.090824
VND 30090.258096
VUV 137.090696
WST 3.173322
XAF 655.922787
XAG 0.018332
XAU 0.000274
XCD 3.092502
XCG 2.062892
XDR 0.815757
XOF 655.922787
XPF 119.331742
YER 271.254434
ZAR 18.573553
ZMK 10299.990075
ZMW 21.031903
ZWL 368.461014
  • CMSC

    0.0400

    21.99

    +0.18%

  • NGG

    2.6700

    82.85

    +3.22%

  • VOD

    0.1400

    13.15

    +1.06%

  • RYCEF

    0.5400

    19.68

    +2.74%

  • GSK

    2.3600

    53.66

    +4.4%

  • RIO

    1.0700

    94.42

    +1.13%

  • RBGPF

    2.5400

    68.15

    +3.73%

  • AZN

    11.2900

    195.15

    +5.79%

  • BTI

    1.2100

    61.77

    +1.96%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • BCC

    0.4500

    75.93

    +0.59%

  • RELX

    0.5500

    31.93

    +1.72%

  • JRI

    0.0600

    13

    +0.46%

  • BCE

    0.4000

    21.42

    +1.87%

  • BP

    1.2500

    37.4

    +3.34%

German MPs approve 50 bn euros in military purchases
German MPs approve 50 bn euros in military purchases / Photo: Ina FASSBENDER - AFP

German MPs approve 50 bn euros in military purchases

German lawmakers Wednesday approved about 50 billion euros ($59 billion) in military purchases, as Berlin accelerates defence spending in the face of a hostile Russia and signs of weakening security commitments from Washington.

Text size:

The extensive list of procurements ranged from missiles to artillery, torpedoes, armoured vehicles, satellite systems and new uniforms as Berlin races to overhaul the long-neglected Bundeswehr.

Officials said that the new purchases, greenlighted by parliament's budget committee, mean a "historic" number of defence acquisitions have been approved this year, worth nearly 83 billion euros.

"We are sending a signal to the (NATO) alliance and our partners: Germany is leading the way," the defence ministry said in a statement.

"We are fulfilling our obligations to the alliance and accepting our responsibility for security and peace in Europe."

After Russia's full-scale invasion of Ukraine in 2022, Germany dropped a long-standing pacifist tradition shaped by its dark World War II past and started ramping up spending to overhaul the armed forces.

Signs of the United States's weakening commitment to Europe's security since US President Donald Trump's return to the White House further pushed Germany, and the rest of the continent, into speeding up its rearmament.

Chancellor Friedrich Merz, who took office in May, has given the drive even greater momentum, exempting defence spending from strict debt rules to free up more funds.

- 'Huge investments' -

The defence budget for this year had already been laid out but Wednesday's purchases had to be approved by parliament's budget commitment, in line with rules that individual acquisitions over 25 million euros must be signed off by MPs.

The purchases spanned more than 30 different projects, including missiles for Patriot and Iris-T air defence systems, artillery, torpedoes, weapon systems for aircraft and unmanned aerial reconnaissance systems, according to the defence ministry.

It also included "combat clothing and equipment" for up to 460,000 troops and protective equipment for 80,000 civilian employees.

Defence Minister Boris Pistorius said defence spending had a hit a new record this year, adding such "huge investments" were needed in the coming years.

"We must be able to equip each and every individual for their specific mission when they join us," he said after MPs approved the purchases.

"We can't put young soldiers in tracksuits because their uniforms haven't been delivered yet."

The government is seeking to expand the army, which shrank sharply after the end of the Cold War, and German lawmakers this month backed a new scheme aimed at boosting the number of troops.

Officials are not re-introducing mandatory military service but have warned they may do so if they do not get enough people signing up voluntarily.

Germany has dramatically raised its defence spending targets for the coming years.

Berlin announced earlier this year that it will aim to hike core defence spending to 3.5 percent of GDP by 2029, in line with a new NATO target that the alliance agreed to under pressure from Trump.

The government is set to spend more than 500 billion euros on defence between this year and 2029.

Pistorius insisted that the government will handle the massive investments "carefully and conscientiously".

"Everyone can rest assured that we are very aware of the scale of what we are talking about," he said.

K.Tanaka--JT