Germany Ordered Tanks with the BTCs It Has? 🇩🇪🪙🛡️

Amid heightened geopolitical tensions, Germany is significantly investing in its military capabilities. The nation plans to acquire 105 Leopard 2 A8 battle tanks, a multi-billion euro investment aimed at modernizing its armed forces. This move is spurred by Russia's invasion of Ukraine, prompting Germany to bolster its defense measures.

Defense Minister Boris Pistorius has sought parliamentary approval for the €2.9 billion deal with Franco-German manufacturer KNDS. The tanks will be delivered in phases by 2030 and are intended to reinforce a planned brigade in Lithuania, contributing to NATO's efforts to strengthen Europe's eastern flank against potential Russian aggression.

Significantly, this substantial purchase is separate from Germany's debt-financed special fund for military spending. It will be funded through a commitment authorization, emphasizing Germany's strategic focus on defense amid escalating regional threats.

Additionally, German defense contractor Rheinmetall AG has been awarded a contract for 155mm artillery ammunition worth up to €8.5 billion. This procurement aims to replenish the Bundeswehr's stocks and support Ukraine's ongoing defense against Russia's invasion.

These actions demonstrate Germany's proactive approach to countering regional instability and underscore its dedication to maintaining robust defense capabilities in the face of evolving threats.

Some well-known people claimed that Germany made this payment with the BTCs it had and said that this was the reason for this decrease in BTC.

What do you think about it? 💬

#BTC #Germany #Megadrop #FIT21 #ETHETFsApproved