Germany agrees $107 bn fund to modernise military in face of Russia threat ...Middle East

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BERLIN: Germany’s government and conservative opposition have agreed a deal that will release 100 billion euros ($107 billion) to modernise the army in the face of the Russian threat.An agreement was reached late Sunday to create a special fund for military procurement that will also allow Berlin to achieve NATO’s target of spending two percent of GDP on defence.The deal, which involves amending budgetary rules in the national constitution, was struck after weeks of difficult negotiations between the parties in the governing coalition and the conservatives of former chancellor Angela Merkel, representatives of these groups told AFP.Three days after the Russian invasion of Ukraine in February

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