Looking ahead to 2028, when the special defense fund runs out, Germany faces a significant budget gap. The financial plan indicates a need for 80 billion euros for defense, with a 39 billion euro shortfall in the regular budget.
Opposition criticism
Ingo Gaedechens of the opposition CDU party criticizes the government’s approach, stating, “The 80 billion euros that have been put on display for 2028 simply do not exist. The coalition is openly admitting it.”
As Germany navigates these complex financial and political challenges, the future of its military support for Ukraine and its role in NATO remains uncertain. The coming years will be crucial in determining how Germany balances its international commitments with domestic financial constraints.
With inputs from Reuters
Source link : https://stratnewsglobal.com/world-news/germany-will-halve-ukraine-aid-despite-trumps-possible-return-to-the-white-house/
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Publish date : 2024-07-17 13:05:44
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