BERLIN: Germany will halve military aid for Ukraine next year, even with the possibility that Republican candidate Donald Trump could return to the Wh...
German Chancellor Olaf Scholz and Ukraine’s President Volodymyr Zelenskiy shake hands at a press conference in Berlin - REUTERSpix: Germany will halve military aid for Ukraine next year, even with the possibility that Republican candidate Donald Trump could return to the White House and curb support for Kyiv.
“Ukraine’s financing is secured for the foreseeable future thanks to European instruments and the G7 loans,“ German Finance Minister Christian Lindner said on Wednesday at a news conference.Officials say EU leaders agreed to the idea in part because it reduces the chance of Ukraine being short of funds if Trump returns to the White House.
Germany has faced criticism for repeatedly missing a NATO target of spending 2% of its economic output on defence.The stocks of Germany’s armed forces, already run down by decades of underinvestment, have been further depleted by arms supplies to Kyiv. Although military aid to Ukraine will be cut, Germany will comply with the NATO target of spending 2% of GDP on defence in 2025, with a total of 75.3 billion euros.
The defence budget is set to receive a meagre 1.3 billion euros more than in 2024, far below the 6.7 billion euros requested by Pistorius.
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