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    Home > Headlines > Germany's budget committee wants to approve 3 billion euros for Ukraine, sources say
    Headlines

    Germany's budget committee wants to approve 3 billion euros for Ukraine, sources say

    Published by Global Banking & Finance Review®

    Posted on January 29, 2025

    2 min read

    Last updated: January 27, 2026

    Image depicting Germany's budget committee session focused on approving 3 billion euros in military aid for Ukraine. This decision, backed by CDU and FDP members, highlights ongoing financial support amid geopolitical tensions.
    Germany's budget committee discusses military aid for Ukraine - Global Banking & Finance Review
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    Tags:Government funding

    Quick Summary

    Germany's budget committee approves €3 billion in military aid for Ukraine, pending finance minister's approval. Chancellor Scholz supports the move.

    Germany's Budget Committee Approves €3 Billion Military Aid for Ukraine

    BERLIN (Reuters) - Germany's budget committee has called Finance Minister Joerg Kukies to approve an additional 3 billion euros ($3.13 billion) in military aid for Ukraine, sources told Reuters on Wednesday.

    The request was approved in the budget committee of parliament with the votes of the opposition conservatives of the CDU and the Free Democrats (FDP), with the abstention of the governing Social Democrats (SPD) and the Greens, according to committee members.

    The committee cannot decide on additional aid for Ukraine without approval from the finance minister. However, in practice, the ministry usually complies with the requests approved by the committee.

    Budget committee members from the CDU and FDP said there are enough funds in the budget for the request.

    Chancellor Olaf Scholz, from the SPD, is also in favour of additional military aid but he had so far insisted that this could only be financed with an exception to the debt brake to allow for additional borrowing.

    This dispute over spending led to the collapse of Germany's government, as Scholz wanted to suspend the debt brake citing special circumstances, and former Finance Minister Christian Lindner refused, asking for cuts instead of new borrowing.

    The Ministry of Finance, now headed by the SPD, was initially unavailable for comment.

    The funds are in addition to 8 billion euros budgeted for Ukraine in 2024. German aid to Ukraine was cut to 4 billion euros in 2025, as the country hopes Ukraine will be able to meet the bulk of its military needs with the $50 billion in loans approved by the Group of Seven.

    ($1 = 0.9600 euros)

    (Reporting by Holger Hansen; writing by Maria Martinez; editing by Sonali Paul)

    Key Takeaways

    • •Germany's budget committee approves €3 billion in military aid for Ukraine.
    • •Finance Minister Joerg Kukies is called to approve the aid.
    • •Chancellor Olaf Scholz supports the aid with debt brake exceptions.
    • •The aid is in addition to €8 billion budgeted for Ukraine in 2024.
    • •German aid to Ukraine will be reduced to €4 billion in 2025.

    Frequently Asked Questions about Germany's budget committee wants to approve 3 billion euros for Ukraine, sources say

    1What amount of military aid is Germany planning to approve for Ukraine?

    Germany's budget committee has called for an additional 3 billion euros in military aid for Ukraine.

    2Which political parties supported the request for additional aid?

    The request was approved by the opposition conservatives of the CDU and the Free Democrats (FDP).

    3What is Chancellor Olaf Scholz's stance on the additional military aid?

    Chancellor Olaf Scholz is in favor of additional military aid but insists it can only be financed with an exception to the debt brake.

    4How much aid has Germany budgeted for Ukraine in 2024?

    Germany has budgeted 8 billion euros for Ukraine in 2024.

    5What led to the collapse of Germany's government regarding this issue?

    The dispute over spending led to the collapse of Germany's government, as Scholz wanted to suspend the debt brake while former Finance Minister Christian Lindner refused.

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