German Chancellor Olaf Scholz has called for Germany and Europe to make a bigger effort when it comes to defence, in a statement to mark two years since the full-scale Russian invasion of Ukraine. "Russia is not only attacking Ukraine, it is also destroying peace in Europe," Scholz said. Ukraine would be supported in its self-defence "for as long as necessary," he said. "And we, Germany and Europe, are doing more - and must do even more - so that we can defend ourselves effectively." NATO, he ar
Since Russia invaded Ukraine, governments have spent much more on defense and weapons. That is good news for the defense industry. But windfall taxes are not on the agenda.
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