'New era': Scholz pledges €100bn boost to German defence spending

Russia's invasion of Ukraine has ushered in a "new period" in world historical past, and the previous week's occasions have raised critical questions over the power of Western allies to discourage "warmongers", German Chancellor Olaf Scholz mentioned.

Talking at a particular sitting of the Bundestag on Sunday, Scholz reiterated that the Ukrainians have been combating to protect the values of liberty and democracy -- virtues he considers to be below risk from Russian aggression and President Vladimir Putin.

"We should assist Ukraine on this determined state of affairs," Scholz mentioned. "And we've got achieved so to a big extent in latest weeks, months and years. However with the invasion of Ukraine, we've got entered a brand new period," Scholz mentioned.

"In Kyiv and Kharkiv, and likewise in Mariupol, persons are not solely defending their homeland -- they're combating for freedom and their democracy, for values that we share with them."

Scholz pledged a one-off "particular fund" of €100 billion to bolster Germany's defences, stating that the nation will make investments what quantities to greater than 2% of its gross nationwide product in navy spending.

The German chancellor maintained that the spending enhance was essential to Germany's defence of its borders and the borders of its NATO allies.

"The third main problem is to stop Putin's struggle from spreading to different nations in Europe," Scholz mentioned.

"This implies, with out ifs and buts, that we stand by our obligation of assist in NATO. President Putin shouldn't underestimate our dedication to defend each sq. metre of [NATO] territory along with our allies."

Scholz additionally thanked everybody who protested in opposition to Putin's struggle and stood up for a free and peaceable Europe, which he vowed to defend.

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