Germany to halve military aid to Ukraine, despite Trump remarks
NBCJUL 14 2024
Germany will nearly halve the amount of military aid it will provide to Ukraine next year, according to a draft budget approved by the government on Wednesday.
While the 2025 budget still needs to be approved by lawmakers, the amount of German money going to Ukraine under current plans will go from roughly €7.5B ($8.2B) this year to around €4B ($4.37B) next year.
In a press conference, German Finance Minister Christian Lindner said Ukraine should be able to meet the bulk of its military needs from a plan approved by the Group of Seven (G7) nations that will provide Ukraine with $50B in loans generated from interest on frozen Russian assets.