German chancellor says Russia will pay "high price" as he boosts nation's military funding

German Chancellor Olaf Scholz speaks during a special session of the Bundestag on the war in Ukraine, on February 27

© APA | German Chancellor Olaf Scholz speaks during a special session of the Bundestag on the war in Ukraine, on February 27

# 27 February 2022 16:53 (UTC +04:00)

German Chancellor Olaf Scholz vowed Sunday that “very soon the Russian leadership will feel what a high price they will have to pay” for the invasion of Ukraine, as he announced he will raise German military funding in a special session with lawmakers, APA reports citing CNN.

Russian President Vladimir Putin "will not change his path overnight,” Scholz conceded.

“Yesterday we decided that Germany will deliver weapons to Ukraine to defend themselves. Putin’s aggression meant we cannot give any other response,” he added.

Scholz also revealed he would raise the proportion of Germany's economic output spent on defence to 2%, and allocate 100 billion euros ($112 billion) to its armed foces, in order to modernize and better equip the country's army -- a significant expansion of German defense spending.

Scholz also mentioned the sanctions package against Russia, which he said was unprecedented.

The Russian attack on Ukraine is “despicable -- it breaches international law, it cannot be justified,” Scholz said.

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