German Chancellor Olaf Scholz announced a massive boost in defence spending on Sunday that he says will bring the nation’s investments above the key 2% commitment of GDP, as the Ukraine conflict forces Berlin to rethink its foreign policy. “We are experiencing a new era,” Scholz told lawmakers at a special sitting of the Bundestag parliament in Berlin, referring to the Russian invasion of Ukraine. He said the German army would receive €100 billion euros ($113 billion) for investments and armament projects from the federal budget. Germany will “from now on – year after year – invest more than 2…