German chancellor Olaf Scholz's governing coalition has agreed in principle to double the country's military aid for Ukraine next year to 8 billion euros ($8.5 billion), a political source in Berlin said on Sunday.
This doesn't appear to be anything official, right? not certain how much a coalition publicly agreeing to this translates to actual funding for Ukraine. Would also be nice to see how this funding stacks vs the US, and vs other EU country contributions.
It's officially agreed upon by all coalition members, but the finalizing of 2024's budget where they officially introduce that change is only scheduled for next week.
Also just the original 4 billion € for next year is more than all other countries with the exception of US and UK have spend this whole war...
For comparison, Russia is expected to have tripled their national military budget by 80 to €120 billion per year, or an increase of around 4% GDP. If the EU spends €60 billion /year on aid, that would mean around 0,4% of their GDP.
If approved by parliament, where Scholz's parties hold a majority, the boost would lift Germany's defence spending to 2.1% of its gross domestic product target, beyond the 2% pledged by all North Atlantic Treaty Organization members, the source added.
Lawmakers from Scholz's Social Democrats, the Free Democrats and the Green party agreed on the increase in negotiations over the proposed 2024 federal budget ahead of a formal meeting of the budget committee of the Bundestag - or lower house of parliament - on Thursday, Nov. 16, the source said.
A spokesperson for Germany's Ministry of Defence said the Bundestag committee has not finished negotiations and declined to comment further.
Defence minister Boris Pistorius, interviewed by broadcaster ARD, referred to the planned doubling of military aid to Ukraine.
"It is a strong signal to Ukraine that we will not leave them in the lurch," he said, adding the move, if agreed, would mean the annual budget allocation would be enough to last the whole year.
Germany's Bild am Sonntag newspaper had also said the committee is due to approve the additional 4 billion euros.
The original article contains 340 words, the summary contains 183 words. Saved 46%. I'm a bot and I'm open source!
Trolls and vatniks have been telling to the people it's "getting cold" since last year to dissuade more support for Ukraine. Well, a lot more will lose than just heating for homes by tolerating Putin.
Ignore the other reply.
I was just making a stupid joke with the title about doubling it.
As that is the famous phrase from dumb YouTube videos were they donate money to people (if is even real) or after doing something and they offer then to keep it or double it and give it to the next person.
Germany is now running deficits to support a war that's already been decided. Ukraine is a corrupt country where many weapons given to it find their way onto the international black market. The standard of living in Germany is getting worse. Using deficit spending on a non-productive good like weapons to a foreign country that is corrupt will accelerate Germany's decline.