19 August 2024
Olaf Scholz, Federal Chancellor of Germany, has stressed amid emerging comments regarding German military assistance for Ukraine that Germany will keep supporting Ukraine, specifically by providing a €50 billion loan within the Group of Seven.
Source: Scholz on X (Twitter) cited by European Pravda
Details: Scholz stated that Germany “was and is” a country which provides Ukraine with the largest quantity of military aid among all European states.
“And we continue our support: with the help of a €50 billion loan which we are starting to allocate jointly with the G7. This will allow Ukraine to procure armament on a large scale. It can rely on this,” Scholz said.
Background:
- This weekend German media reported that current budget planning of the German federal government did not provide for supplementary funds for the support for Ukraine, and additional requests by the Ministry of Defence of Germany concerning military assistance for Ukraine would no longer get approved on the chancellor’s demand.
- The Ministry of Foreign Affairs of Ukraine stated that these reports were incorrect and manipulative.
- German politicians from both opposition Christian Democratic Union of Germany and from the coalition, specifically, from the party of Olaf Scholz, criticised this approach to further funding of the aid for Ukraine, explaining that it may pose a threat for the security of Germany.
- The German government denied its intentions to decrease the military aid for Ukraine. The government spokesperson stated that the German government expected that next year the international partners of Ukraine would provide it with a loan for the total amount of €50 billion, which will be paid back with profits from frozen Russian assets.
- Meanwhile, the stocks of German defence companies dropped after these reports.
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https://www.pravda.com.ua/eng/news/2024/08/19/7471026
Cowardly bastard
What a worm. I always had a high opinion of Germans. I lost some in 2014, then I lost more in 2022 now completely gone.
I’m waiting for OnlyCrybaby to chime in that the U.S. doesn’t give Ukraine enough assistance. So this is for OnlyCrybaby.
CNN
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Russia’s invasion has pitted Ukraine against a country with a massive military and one of the world’s biggest economies. More than $380 billion in aid, committed by mostly Western nations since January of 2022, has helped Ukraine keep the fight going.
Nearly $120 billion in military aid to Ukraine
Individual countries around the world have committed nearly $118 billion in direct military assistance to Ukraine, in addition to financial and humanitarian help. More than 40% of that is from the United States, according to data from the Kiel Institute for the World Economy through January 15, 2024.
The US Congress has approved around $46.3 billion in direct military aid to Ukraine since NATO countries began organizing support for Ukraine a month before the full-scale invasion, data shows. This is part of a total $113 billion approved aid budget for both defense and civilian needs — though not all of it is meant to go directly to Ukraine. Some of those funds are to replenish US military stocks depleted by previous donations of weaponry and ammunition to Ukraine and to help other countries impacted by the geopolitical situation.
Collectively, European Union (EU) countries have committed $50 billion in direct military support to Kyiv, with Germany, Denmark and the Netherlands the largest contributors. Additional funds have been committed via EU institutions. The United Kingdom has pledged nearly $10 billion in direct military aid.
Some of the highest-cost military donations include tanks, anti-aircraft and anti-ship missiles, weapon-locating radar systems, mine-clearing ships and patrol boats, helicopters, and multiple launch rocket systems, according to the Kiel Institute.
Just a bit of food for thought there buddy,
Hey, jerk off, it’s still NOT ENOUGH! Get it into your way-too-thick skull for once. This war could’ve been over one or two years ago already.
I said it before, and I’ll say it again; you are not a military-minded person, so don’t get involved with things that only confuse you.
😂says the man who can’t read a simple chart.
As I recall, it was me AND RSM who tried to educate you on that chart, but you are resistant to learning. Even my dog understands that chart.