German Chancellor Olaf Scholz announced the formation of a special fund in the amount of 100 billion euros to modernize the Bundeswehr and achieve the North Atlantic Alliance's benchmark level for defense spending equivalent to 2 percent of GDP. At the same time, NATO Secretary General Jens Stoltenberg called for the allocation of 4 percent to provide Kyiv with 40 billion euros annually, and, apparently, such plans are not feasible.
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Photo – apa.az
About that the German government will “cut” the amount of funds allocated for providing military assistance to Ukraine to 4 billion euros next year, NBN writes, citing material from Reuters.
As it became known Despite the fact that the German economy managed to avoid a recession at the beginning of this year, growth in this area was slower than expected. It is for this reason, according to the publication, that the German government will follow the example of Great Britain and France, trying to “plug” the resulting “budget hole.”
In Reuters clarified:
The 2025 budget will be less generous for Ukraine, as the government will cut military aid to the country to 4 billion euros with about 8 billion euros in 2024 .
We previously wrote about how Scholz spoke out about the impact of Berlin's support for Ukraine on the results of the German elections in European Parliament.