• About us
  • Contact Us
Saturday, November 15, 2025
No Result
View All Result
The World Monitor
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
No Result
View All Result
The World Monitor
No Result
View All Result
Home World

Germany to Cut Ukraine Military Aid in 2025

August 18, 2024
Germany to Cut Ukraine Military Aid in 2025
Share on FacebookShare on TwitterShare on Whatsapp

Germany, the second-largest donor of aid to Ukraine, is set to reduce its military support by half in 2025, according to information from a parliamentary source reported by AFP on Saturday.

The government, led by Chancellor Olaf Scholz, plans to rely on funds from frozen Russian assets to sustain its support for Kyiv, without adding to the 4 billion euros ($4.4 billion) already allocated in next year’s budget.

In 2023, Germany’s contribution reached 8 billion euros.

To offset the reduction, Germany intends to develop a financial tool in collaboration with the G7 and the European Union (EU) that utilizes the frozen Russian assets, as per another finance ministry source.

The German newspaper Frankfurter Allgemeine Sonntagszeitung noted that this strategy stems from a consensus among Chancellor Scholz, his Social Democratic Party (SPD), and Finance Minister Christian Lindner, who is from the Liberal party, a smaller coalition partner.

Oleksii Makeiev, Ukraine’s ambassador to Germany, emphasized on X (formerly Twitter) the crucial role of Germany’s commitment to Ukraine in ensuring Europe’s security.

The proposed 2025 budget has sparked intense debate among the coalition partners, which include the Liberals, the Greens, and the Social Democrats.

Lindner has been urging other ministries to cut back to adhere to a constitutional rule designed to limit state debt.

While the budget discussions are ongoing and set to conclude by year’s end, the finance ministry mentioned on Saturday that it remains open to additional, case-by-case funding considerations for Ukraine.

The US Department of Defense’s Office of the Inspector General reported on Thursday that the U.S. Congress has approved over $174 billion in funds for Ukraine and the reinforcement of NATO in Europe since February 2022.

According to the report, these funds represent a significant increase in US financial commitment in response to Russia’s special military operation in Ukraine.

The funds allocated include direct security, budgetary provisions, development, and humanitarian aid for Ukraine, alongside security assistance for NATO allies and other partner nations.

Tags: GermanyUkraine
Next Post
US Military Convoy Enters Syria from Iraq

US Military Convoy Enters Syria from Iraq

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Algeria Reduces Hosting Costs for Websites

Algeria Reduces Hosting Costs for Websites

2 years ago
Dozens Killed in Airstrikes in Sudan

Dozens Killed in Airstrikes in Sudan

1 year ago

Popular News

  • Greek Minister Resigns after Ferry Passenger Death

    Greek Minister Resigns after Ferry Passenger Death

  • Turkish Reporter Injured in Israeli Shelling in Gaza

  • Algerian Military Detains 562 Migrants

  • Egyptian President Directs Developing Lakes Nationwide

  • 77 Dead & 251 Injured in Israeli Attacks in Lebanon

Follow us

"Connecting the World to the Heartbeat of Middle East and Africa – Your Trusted Source for News and Insights."

  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto

ABOUT US

CONTACT US

Privacy Policy

  • About us
  • Contact Us

© 2023 THE WORLD MONITOR

No Result
View All Result
  • Home
  • Africa
  • World
  • Economy
  • Climate
  • Sports
  • Crypto
  • Technology

© 2023 THE WORLD MONITOR