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The Heinkel He 111, one of the technologically advanced aircraft that were designed and produced illegally in the 1930s as part of the clandestine German rearmament. German rearmament (Aufrüstung, German pronunciation: [ˈaʊ̯fˌʀʏstʊŋ]) was a policy and practice of rearmament carried out by Germany from 1918 to 1939 in violation of the Treaty of Versailles, which required German ...
This was particularly useful in allowing Germany to rearm because the Mefo bills were not Reichsmarks and did not appear in the federal budget, so they helped conceal rearmament. [25] When the notes were presented for payment, the Reichsbank printed money.
West Germany joins NATO: Walter Hallstein (left) and Konrad Adenauer (centre) at the NATO Conference in Paris in 1954. West German rearmament (German: Wiederbewaffnung) began in the decades after World War II. Fears of another rise of German militarism caused the new military to operate within an alliance framework, under NATO command. [1]
The German government needed to spend a large amount of money to fund the Depression-era reconstruction of its heavy industry based economy and, ultimately, its re-armament industry. However, it faced two problems. First, rearmament was illegal under the terms of the Treaty of Versailles, and secondly there was a legal interest-rate limit of 4.5%.
The Commission has said it will soon propose that defence spending be exempt from EU laws that put annual spending limits on governments to gradually lower their public debt and keep their budget ...
The Four Year Plan (German: Vierjahresplan) was a series of economic measures initiated by Adolf Hitler in Nazi Germany in 1936. Hitler placed Hermann Göring in charge of these measures, making him a Reich Plenipotentiary (Reichsbevollmächtigter) whose jurisdiction cut across the responsibilities of various cabinet ministries, including those of the Minister of Economics, the Defense ...
Germany's governing coalition reached a deal Wednesday to resolve a budget crisis triggered by a court ruling last month, agreeing to cut some subsidies and spending while stressing that Berlin ...
The defence ministry's budget "will have to double to over 100 billion euros in the coming years due to necessary investments. We are talking about more than 3% of gross domestic product," he said ...