President Steinmeier’s signature enacted a law suspending the “debt brake,” enabling €500 billion in infrastructure investment over 12 years, including €100 billion for federal states and €300 billion for the national government. This also allows for €3 billion in military aid to Ukraine, crucial given the escalating conflict. The legislation exempts defense, intelligence, and cybersecurity spending exceeding 1% of GDP from the debt rule, reflecting Germany’s commitment to bolstering its own security and supporting Ukraine. This significant financial package follows parliamentary approval and underscores Germany’s continued substantial military assistance to Ukraine.
Read More
Germany’s incoming chancellor, Friedrich Merz, secured a coalition agreement to provide an additional €3 billion in military aid to Ukraine, boosting total aid to €7 billion. This decision is coupled with a plan to significantly increase Germany’s defense spending, requiring a reform of the “debt brake” rules. The necessary two-thirds parliamentary support has been obtained to approve the budget by March 18th. The aid package includes various weaponry such as air defense systems, howitzers, and drones.
Read More
Canada is seeking to procure up to twelve new conventionally powered submarines by 2035 to replace its aging fleet and enhance national defence capabilities. Germany and Norway, jointly developing the 212 CD submarine, offer Canada early access to the production line, allowing expedited delivery. The 212 CD boasts stealth capabilities and is designed for under-ice operations, addressing concerns about potential threats from adversaries. This procurement is driven by a need for improved national defence in light of evolving geopolitical circumstances and the unreliability of certain allies.
Read More
Germany’s latest military aid shipment to Ukraine includes thousands of artillery shells (155mm and 122mm), hundreds of combat and reconnaissance drones (HF-1, VECTOR, HEIDRUN, SONGBIRD), and various other supplies such as mortar shells and medical equipment. Further deliveries of armored fighting vehicles (Marder, Boxer, and MRAPs), self-propelled artillery (RCH 155), and the first of 54 ordered howitzers are also confirmed. This follows reported internal German government discussions concerning a substantial additional €3 billion weapons package.
Read More
John Q. Hosedrinker