On Saturday, August 17, German media reported that Germany will cut military aid to Ukraine by half (to 4 billion euros) starting in 2024, and by 10 times starting in 2027.
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Photo – dw.com
As reported by NBN with reference to the Bloomberg publication’s material, analyst Mark Champion managed to find out whether Germany has enough resources to extend military and financial support for Ukraine.
According to Champion, despite serious economic difficulties, Germany is still more than too rich not to continue financially assisting Ukraine and simultaneously increasing spending on expanding its own defense production.
The publication’s observer emphasized:
Germany plays a special role in supporting Ukraine, since it has become the second largest supplier of weapons [for the Ukrainian Armed Forces] after the United States, in particular, systems IRIS-T air defense.
It should be noted that Berlin is trying to refute rumors that the amount of financial aid to Ukraine next year will be limited due to “domestic political considerations” and problems with filling the federal budget.
Earlier, our information portal wrote about who was behind Germany's decision to cut the amount of military aid to Ukraine.