Germany Aims to Fund Ukraine Aid through Russian Asset Profits

Reported about 2 months ago

Germany's government plans to alleviate budgetary pressures for military aid to Ukraine by leveraging a $50 billion international loan package, funded by interest from profits on frozen Russian assets. Despite some concerns regarding domestic budget constraints, officials affirmed their commitment to continue supporting Ukraine as the nation faces ongoing financial challenges in providing military assistance. The German budget anticipates nearly €7.5 billion ($8.3 billion) for military aid this year, with projections for future support to be bolstered by these asset profits.

Source: YAHOO

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