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submitted 1 month ago by MicroWave@lemmy.world to c/world@lemmy.world

Germany is planning to nearly halve military aid for Ukraine next year, from around €8bn (£6.7bn; $8.7bn) to around €4bn, according to a draft budget approved by the government. 

Finance Minister Christian Lindner said Ukraine's financing was "secure for the foreseeable future" due to a G7 group of rich nations scheme to raise $50bn from interest on frozen Russian assets. 

Germany is Ukraine's second biggest military donor, after the US. In 2024, Berlin's budget for Kyiv is set at nearly €7.5bn.

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[-] troed@fedia.io 73 points 1 month ago

ffs people can't even read the second sentence in the excerpt.

The rest of the money comes from the frozen assets interest. Ukraine is not getting less.

[-] homesweethomeMrL@lemmy.world 11 points 1 month ago

The curse of the crappy headline

[-] manucode@infosec.pub 1 points 1 month ago

Austerity for the win /s

this post was submitted on 25 Jul 2024
115 points (92.0% liked)

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