Europa Posted on 2025-03-22 13:30:00

Germany approves 3 billion euros in aid for Ukraine - The decision was confirmed by Foreign Minister Annalena Baerbock

From SCAN TV

Germany approves 3 billion euros in aid for Ukraine - The decision was confirmed

Germany's budget committee has cleared the way for a new military aid package for Ukraine worth 3 billion euros.

Both houses of Parliament this week approved the plan of Merz's conservatives and the Social Democrats, who are holding talks on the formation of the new German government.

Merz's spending plans approved by the Upper House of Parliament on March 21 provide for the creation of a 500 billion euro fund for infrastructure spending and easing borrowing rules, enabling higher defense spending.

Meanwhile, the budget committee's decision was confirmed by Foreign Minister Annalena Baerbock. The 3 billion euro package includes 2.547 billion from the Finance Ministry to be given to Ukraine this year, supplemented by other contributions, including a reimbursement from the European Peace Facility. The German Finance Ministry also plans to authorize 8.252 billion euros for military aid to Ukraine for the period from 2026 to 2029, bringing the total aid to 11 billion euros.

European Union members, whose leaders gathered this week to discuss aid for Ukraine, are under pressure to show their commitment to Ukraine, which is facing Russian invasion, as uncertainty grows about the future of security guarantees from the United States under Donald Trump.

 

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