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Germany to cut Ukraine military aid in 2025 budget: Parliament source 

Published : Sunday, 18 August, 2024 at 12:00 AM  Count : 99
BERLIN, Aug 17: Germany, the second largest contributor of aid to war-torn Ukraine, plans to halve its bilateral military aid to Kyiv in 2025, a parliamentary source told AFP on Saturday.

Instead the government of Chancellor Olaf Scholz will bank on money generated by frozen Russian assets to continue supporting Kyiv, and is not planning any "additional aid" to the four billion euros ($4.4 billion) set aside in next year's budget.
 
This year aid from Berlin amounted to eight billion euros. 

To compensate, Germany is counting on "the creation, within the framework of the G7 and the European Union, of a financial instrument using frozen Russian assets", said a separate source from inside the finance ministry.    —AFP



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