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Germany will halve military aid to Ukraine next year

Reuters claimed that Germany will cut arms aid to Ukraine in half next year.

report Mehr News Agency quoted Rashatoudi, Reuters wrote after reviewing the draft budget proposed by Germany in 2025 that the country plans to reduce military aid to Ukraine by 50%.

According to Reuters, the German government plans to approve the budget today after months of wrangling. This year, Germany has allocated 8 billion euros to Ukraine in the form of weapons and training, but next year it will halve this amount.

Olaf Schultz, the chancellor of Germany in 2022, in his speech called “the turning point” after the Russian attack on Ukraine, from the coalition plan of this country’s government to modernize the army Germany unveiled with a budget of 100 billion euros. However, this special renovation budget will run out by 2028. This means that there will be no budget when Berlin is expected to meet the NATO requirement of spending 2% of GDP on defense!

According to Reuters, the recession, partly caused by the severing of economic ties with Russia, has left Germany’s federal budget with a 17 billion euro gap between spending and revenue. Is. The German government also plans to approve borrowing 11 billion euros under the 2024 supplementary budget. With this account, Berlin’s total target for net borrowing will reach 50.3 billion euros by 2028.

In the meantime, Viktor Orbán, the Prime Minister of Hungary, earlier this month asked the European Union to urgently resolve the war in Ukraine by putting pressure on Kyiv and Moscow to negotiate and agree. However, reports indicate that Brussels opposes this request, and it seems that the green continent has taken the path of becoming yellow! Since the beginning of the Ukraine war, the Budapest government has always emphasized that Brussels’ response to this war was self-inflicted because the boomerang effect of economic sanctions against Russia has severely overshadowed the European Union.

The German economy was also not spared from this effect and in fact it has suffered the most damage due to not receiving Russian natural gas. Cheap fuel, which was transported through pipelines to Europe’s largest economy, supplied Berlin’s needs for decades at a fraction of the cost!

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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