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Germany plans to halve military aid for Ukraine

· 1 min read

BBC:

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 Christian 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 European allies that US funds could be slashed or even stopped if Donald Trump wins the presidency in November’s election.

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

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