About past, present and future of Ukraine

Search mobile

Main Business The head of Rheinmetall has called on Germany to increase military spending

Business

The head of Rheinmetall has called on Germany to increase military spending

403
The head of Rheinmetall has called on Germany to increase military spending

Share this article

The head of the German arms conglomerate Rheinmetall, Armin Papperger, has called for a significant increase in military spending to make Germany capable of defense.

According to RND, Papperger stated, "The Western world is not prepared for conventional warfare."

Papperger believes that China and Russia are aggressively arming themselves. He noted that Germany's defense budget should be increased by at least 30 billion euros per year from the current 52 billion euros.

"If these 30 billion are not invested in Germany, the turnaround will fail," emphasized the head of Rheinmetall.

odessajournal 0

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...