World

German ramps up military exports, mainly to arm Ukraine

2022.08.31 12:26

German ramps up military exports, mainly to arm Ukraine
FILE PHOTO: German Chancellor Olaf Scholz gets off a German self-propelled anti-aircraft gun Flakpanzer Gepard with head of training at arms manufacturer Krauss-Maffei Juergen Schoch and CEO of Nexter Defense Systems Frank Haun, during a visit of the trai

BERLIN (Reuters) – German exports of military equipment have surged so far this year as Berlin supplies arms to Ukraine to help it defend itself against Russia’s attack, the Economy Ministry said on Wednesday.

By Aug. 24, the value of authorised military exports totalled just under 5.1 billion euros ($5.11 billion), up from some 2.9 billion euros at the same time last year, the ministry said.

Chancellor Olaf Scholz vowed on Monday that Germany will keep up its support for Ukraine “for as long as it takes”.

Russia invaded Ukraine on Feb. 24 for what it calls a “special military operation” to demilitarise its neighbour.

Ukraine and the West describe it as an unprovoked war of aggression that has killed thousands, displaced millions, created food shortages and pushed up energy prices amid unprecedented Western sanctions.

($1 = 0.9983 euros)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 84,089.53 0.23%
ethereum
Ethereum (ETH) $ 2,228.21 2.95%
tether
Tether (USDT) $ 0.999762 0.05%
xrp
XRP (XRP) $ 2.13 2.06%
bnb
BNB (BNB) $ 588.47 2.30%
solana
Solana (SOL) $ 146.52 7.15%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.200474 2.39%
cardano
Cardano (ADA) $ 0.630857 1.30%
staked-ether
Lido Staked Ether (STETH) $ 2,227.47 3.05%
tron
TRON (TRX) $ 0.233468 2.66%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,941.49 0.39%
litecoin
Litecoin (LTC) $ 126.66 1.24%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,660.86 3.22%
chainlink
Chainlink (LINK) $ 14.65 2.51%
avalanche-2
Avalanche (AVAX) $ 22.13 0.48%
hedera-hashgraph
Hedera (HBAR) $ 0.212611 6.50%
stellar
Stellar (XLM) $ 0.285094 1.35%
sui
Sui (SUI) $ 2.80 1.51%
leo-token
LEO Token (LEO) $ 9.29 0.81%
the-open-network
Toncoin (TON) $ 3.29 4.00%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 3.15%
usds
USDS (USDS) $ 1.00 0.01%
mantra-dao
MANTRA (OM) $ 7.61 3.62%
polkadot
Polkadot (DOT) $ 4.70 3.17%
hyperliquid
Hyperliquid (HYPE) $ 19.90 2.87%
weth
WETH (WETH) $ 2,226.35 3.35%
bitcoin-cash
Bitcoin Cash (BCH) $ 315.77 6.91%
ethena-usde
Ethena USDe (USDE) $ 0.998426 0.08%
bitget-token
Bitget Token (BGB) $ 3.94 4.85%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,362.66 3.16%
uniswap
Uniswap (UNI) $ 7.40 5.26%
monero
Monero (XMR) $ 219.34 5.40%
whitebit
WhiteBIT Coin (WBT) $ 26.60 1.91%
aptos
Aptos (APT) $ 6.43 5.48%
near
NEAR Protocol (NEAR) $ 3.07 0.87%
pepe
Pepe (PEPE) $ 0.000008 3.66%
dai
Dai (DAI) $ 0.999667 0.02%
ondo-finance
Ondo (ONDO) $ 0.986013 2.45%
internet-computer
Internet Computer (ICP) $ 6.46 2.65%
susds
sUSDS (SUSDS) $ 1.04 0.34%
ethereum-classic
Ethereum Classic (ETC) $ 19.49 5.01%
aave
Aave (AAVE) $ 189.17 6.60%
bittensor
Bittensor (TAO) $ 322.26 0.74%
okb
OKB (OKB) $ 44.65 2.99%
gatechain-token
Gate (GT) $ 20.98 1.94%
official-trump
Official Trump (TRUMP) $ 12.82 3.06%
mantle
Mantle (MNT) $ 0.713631 5.52%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,058.52 0.25%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.269993 1.98%