Germany is increasing its stockpiles of weapons in response to the threat from Russia

 Germany is building up its own stockpile of weapons. According to the Bloomberg agency, the country plans to conclude several large contracts for the purchase of weapons in the near future, thus seeking to increase its security.

This was stated by the Minister of Economy of Germany, Robert Habek.

"In light of the threat emanating from Russia, we must act promptly and decisively. Otherwise, it would be naive," Habek emphasized.

Russia's invasion of Ukraine on February 24, 2022 forced Germany to review its defense policy and increase defense spending.

The country's government has provided a special fund of 100 billion euros for the modernization of the armed forces, and 80% of this amount has already been included in the budget. Habek also said that he is working on alternative sources of financing so that German companies can plan large arms orders.

"It is necessary to speed up the processes of approval of arms purchases, which are often delayed," - emphasized the Minister of Economy.

He also emphasized that the rules on dual-purpose goods, which can be used for both military and civilian purposes, will be reviewed.