Germany plans to halve military aid for Ukraine

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Germany plans to halve military aid for Ukraine

Germany is planning to nearly halve military aid for Ukraine next year, from around €8bn (£6.7bn; $8.7bn) to around €4bn, according to a draft budget approved by the government.

Finance Minister ********** Lindner said Ukraine’s financing was “secure for the foreseeable future” due to a G7 group of rich nations scheme to raise $50bn from interest on frozen Russian assets.

Germany is Ukraine’s second biggest military donor, after the US. In 2024, Berlin’s budget for Kyiv is set at nearly €7.5bn.

The planned aid cut comes amid fears in Ukraine and among its ********* allies that US funds could be slashed or even stopped if Donald Trump wins the presidency in November’s election.

Russian President Vladimir ****** launched a full-scale invasion of Ukraine in February 2022.

The draft budget was approved by the ******* government on Wednesday.

Although military aid to Ukraine is set to be reduced, the defence budget for 2025 will be raised by €1.3bn to €53.25bn.

This is still less than the €6bn for which Defence Minister Boris Pistorius had been pushing.

Overall, Germany is planning to meet the target of 2% GDP spending on defence as required by the Nato alliance.

The defence budget still needs to be approved by lawmakers.

In other developments:

Russia and Ukraine on Wednesday carried out the latest swap of prisoners of war, with each side receiving back 95 military personnel. The ******* ***** Emirates facilitated the exchangeA source in Ukraine’s military confirmed to the BBC that Ukrainian troops had withdrawn from the village of Krynky – a key foothold on the Russian-occupied eastern bank of the Dnipro river in the southern Kherson region. But the source added that Ukraine’s operations in the area continued

This is the hidden content, please

• Sign In
• or
• Sign Up

he hopes will begin to reset London’s relationship with the continent. The gathering of the ********* Political Community (EPC) will also give leaders a chance to reaffirm support for Ukraine.

This is the hidden content, please

• Sign In
• or
• Sign Up

#Germany #plans #halve #military #aid #Ukraine

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up