Germany will spend 15 billion euros this year alone to support Ukraine, Scholz says
Berlin, GERMAN (TASS/DT) – Germany will allocate 15 billion euros to support Ukraine this year alone, including over 7 billion euros in arms supplies, Chancellor Olaf Scholz said in an interview with Sueddeutsche Zeitung.
“We will spend 15 billion euros this year alone to support Ukraine. This is a big effort,” he said. According to the chancellor, more than 7 billion euros worth of weapons is envisioned in 2024 and another 6 billion euros is due in several years to come.
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A bilateral agreement between Berlin and Kiev on security commitments and long-term support was signed on Friday during Ukrainian President Vladimir Zelensky’s visit. Germany’s support for Ukraine – humanitarian, financial and military – has exceeded 27 billion euros since February 2022.
In a tweet, Zelensky announced the official signing of the Agreement on Security Cooperation and Long-Term Support between Ukraine and Germany today.
This significant document reflects Germany’s pledge to provide Ukraine with over 7 billion euros in support this year alone. The assistance encompasses weaponry, with specific contracts already in place. Additionally, the agreement outlines Germany’s position on sanctions against the aggressor, the establishment of a tribunal, and the unfreezing of assets.
Moreover, the agreement includes provisions for emergency consultations in the event of potential future armed aggression by Russia against Ukraine.
Zelensky expressed his heartfelt gratitude to Germany and the entire German populace for their unwavering solidarity, support, and assistance to Ukraine and its people.