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In response to Russia’s invasion of Ukraine, Germany announced substantial defence policy shifts, including a break with the usually applied German principle not to send weapons into war zones. Moreover, Germany’s armed forces will acquire extra funding of EUR100 billion with the 2022 price range and the government intends to meet or exceed the NATO target of spending 2% of a member state’s GDP on defence. The implementation of policies to soften the effect of the high cost of living and inflation on households and firms remains a essential instant government priority, which includes price caps for gas and electrical...