Germany’s Finance Ministry is hesitant to approve additional aid to Ukraine this year as part of budgetary savings, leading to a dispute within the German government. Currently, Berlin plans to provide around 8 billion euros this year, which will be halved to 4 billion euros in 2025 and further reduced in the following years. The Finance Ministry rejected a request from the Defense Minister to increase military aid by 3.8 billion euros in 2024. While the EU and G7 have frozen assets from Russia’s Central Bank, negotiations are ongoing on how to redirect the funds to Ukraine. G7 leaders have agreed to provide Ukraine with a $50 billion loan by the end of the year. German Finance Minister Lindner believes this loan will cover a significant part of Ukraine’s military needs. Captain Michael Giss of the German Armed Forces has warned that Germany must prepare for a conventional attack by Russia within five years. The situation highlights the importance of strong international support for Ukraine in the face of ongoing threats.
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Germany unlikely to provide more military aid to Ukraine in 2021 – media
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Kateryna Denisova
Kateryna Denisova is a news editor for the Kyiv Independent news media. She has specialized in both local Ukrainian and international politics.