Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

German government approves $2.48bn new arms sales

German government approves $2.48bn new arms sales

It took the new government in Berlin only weeks to approve arms exports worth almost as much as those greenlit by the previous cabinet over six months in 2021
In the seven weeks since taking office, the new German government, led by Chancellor Olaf Scholz’s Social Democrats, has greenlit arms exports totaling €2.2 billion ($2.48 billion) – almost as much as ex-chancellor Angela Merkel’s cabinet approved over the first six months of 2021.

At the time, Merkel’s government approved €2.3 billion ($2.59 billion) worth of arms sales.

The new figures prompted some German media, including RP Online, to suggest that the Scholz government is on its way toward a new arms exports record.

Merkel’s government set its own record last year right before their term was due to expire. In the last nine days in office, her cabinet approved arms sales to the tune of nearly $5 billion, bringing the total amount of the nation’s arms exports in 2021 to €9.35 billion ($10.53 billion).

The new coalition government, made up of the Social Democrats, the Greens, and the Free Democrats, had vowed to re-examine the previous cabinet’s arms export policies. In December, Foreign Minister Annalena Baerbock called it a matter not only of economy but of “foreign policy, human rights and international relations.”

Scholz’s government also announced it was working on a new arms control bill.

Most of the newly-approved sales were destined for other EU nations, NATO members, and partners like Australia or New Zealand, according to the media, with only a tiny fraction of 0.1% being sold to “third countries.” The term refers to all non-EU and non-NATO nations that do not have the status of “NATO allies” like Australia, Japan or New Zealand.

One deal with the Netherlands involves deliveries of artillery munitions for Dutch ammo depots and firing ranges and accounts for the lion’s share of newly-approved exports at €1.79 billion ($2.02 billion).

Arms worth hundreds of millions of euros are also being sold to Australia, while the US and UK will get German arms worth dozens of millions of euros.

Sven Giegold, a parliamentary state secretary in the Federal Ministry for Economic Affairs who is responsible for arms exports, told the dpa news agency that the sales were based on close security cooperation with European partners.

In 2021, Egypt emerged as the top recipient of the German arms. The Arab nation was criticized over alleged human rights abuses and its involvement in conflicts in Yemen and Libya. Berlin still sold Cairo three navy ships and 16 air defense systems while Merkel was the German chancellor.

The Social Democrats, which now lead the government coalition, were part of Merkel’s cabinet at the time as well. The then-incumbent chancellor, Olaf Scholz, was a vice-chancellor and the finance minister in the previous government.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
A monster hit and a billion-dollar toy empire
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
Canada: Nurse Suspended and Fined 93 Thousand Dollars After Stating the World’s Most Well-Known Fact Since the Creation of Adam and Eve, That There Are Only Two Genders
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
U.S. Treasury Secretary Whitney Bessent Backs Stablecoins to Boost Treasury Demand
Spain to Declare Disaster Zones After Massive Wildfires
Three-Minute Battery Swap Touted as Future of EVs
Beijing Military Parade to Showcase Weapons Advances
U.S. Tech Stocks Slide on AI Boom Concerns
White House Confirms Talks Over Intel Stake
Trump Suggests U.S. Could Support Ukraine ‘By Air’
Trump Called Viktor Orbán: "Why Are You Using the Veto"
Horror in the Skies: Plane Engine Exploded, Passengers Sent Farewell Messages
AI in Policing: Draft One Helps Speed Up Reports but Raises Legal and Ethical Concerns
Shame in Norway: Crown Princess’s Son Accused of Four Rapes
Apple Begins Simultaneous iPhone 17 Production in India and China
A Robot to Give Birth: The Chinese Announcement That Shakes the World
Finnish MP Dies by Suicide in Parliament Building
Outrage in the Tennis World After Jannik Sinner’s Withdrawal Storm
Class Action Lawsuit Against Volkswagen: Steering Wheel Switches Cause Accidents
UK Government Tries to Sue 4chan for Breaching Online Safety Act
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Cambridge Dictionary Adds 'Skibidi,' 'Delulu,' and 'Tradwife' Amid Surge of Online Slang
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
The CEO Who Replaced 80% of Employees for the AI Revolution: "I Would Do It Again"
"Every Centimeter of Your Body Is a Masterpiece": The Shocking Meta Document Revealed
Character.ai Bets on Future of AI Companionship
China Ramps Up Tax Crackdown on Overseas Investments
Japanese Office Furniture Maker Expands into Bomb Shelter Market
Intel Shares Surge on Possible U.S. Government Investment
Hurricane Erin Threatens U.S. East Coast with Dangerous Surf
EU Blocks Trade Statement Over Digital Rule Dispute
EU Sends Record Aid as Spain Battles Wildfires
Beijing is moving into gold and other assets, diversifying away from the dollar
China Requires Data Centres to Source Majority of AI Chips Locally, For Technological Sovereignty
Escalating Clashes in Serbia as Anti-Government Protests Spread Nationwide
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Digital Humans Move Beyond Sci-Fi: From Virtual DJs to AI Customer Agents
YouTube will start using AI to guess your age. If it’s wrong, you’ll have to prove it
Jellyfish Swarm Triggers Shutdown at Gravelines Nuclear Power Station in Northern France
OpenAI’s ‘PhD-Level’ ChatGPT 5 Stumbles, Struggles to Even Label a Map
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
×