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Germany to continue supporting Ukraine in 2025 despite coalition collapse – Reuters

Thursday, 7 November 2024, 18:36
Germany to continue supporting Ukraine in 2025 despite coalition collapse – Reuters
Stock photo: Getty Images

Germany will be able to provide most of its support to Ukraine even if the coalition's collapse prevents the timely approval of the 2025 budget.

Source: Reuters, citing sources from the budget committee, as reported by European Pravda

Details: Four sources stated that these funds are largely earmarked allocations and can thus be disbursed under provisional budget management if the budget is not approved.

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The draft 2025 budget reduces Germany's aid to Ukraine to €4 billion, down from approximately €8 billion in 2024. Germany had hoped that Ukraine would meet most of its military needs with US$50 billion in credits from frozen Russian assets, approved by the Group of Seven.

Germany’s coalition government dissolved a few hours after Donald Trump's US election victory became evident on Wednesday.

The German government had agreed on the budget over the summer, with parliamentary approval expected by year-end, but this may now be postponed until mid-2025.

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Background:

  • The political crisis in Germany began on 6 November, when Chancellor Olaf Scholz decided to dismiss Finance Minister Christian Lindner and announced plans to initiate a confidence vote for his government in January 2025.
  • After Lindner's dismissal and the departure of ministers from his Free Democratic Party, Scholz’s cabinet lost its parliamentary majority. 
  • Scholz expressed hope that his minority government could continue to function and pass essential bills with support from the CDU/CSU, a centre-right Christian democratic political alliance of the Christian Democratic Union and the Christian Social Union.

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