Index Investing News
Monday, March 30, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

German ministers informed there’s no more cash for Ukraine — FAZ — RT World Information

by Index Investing News
August 17, 2024
in World
Reading Time: 3 mins read
A A
0
Home World
Share on FacebookShare on Twitter


Germany’s protection ministry has been urged to restrict navy help to Ukraine, because the nation’s present funds plan just isn’t able to allocating funds for the aim, Frankfurter Allgemeine Zeitung (FAZ) reported on Saturday, citing a written request from Finance Minister Christian Lindner.

The letter, which was addressed to German Protection Minister Boris Pistorius and Overseas Minister Annalena Baerbock, specified that solely navy support that has already been permitted will be delivered to Kiev, whereas further purposes from the protection ministry ought to now not be accepted, even when issued on the behest of Chancellor Olaf Scholz.

FAZ emphasised that the blocking of newly permitted help is already in impact, including that Berlin would halve its navy support to Ukraine subsequent 12 months. In 2027, the help is predicted to say no to lower than one tenth of its present quantity.

Specifically, €8 billion in support to Ukraine has been scheduled for 2024, and the deliberate most of €4 billion for 2025 already exceeds out there funds, the media outlet famous, including that solely €3 billion is deliberate for 2026, and €500 million every for 2027 and 2028.

READ MORE:
Germany has ploy to fulfill NATO spending goal – Politico

“Finish of the occasion. The pot is empty,” an unnamed supply within the federal authorities informed FAZ, stressing that Berlin has “reached a degree the place Germany can now not make any guarantees to Ukraine.”

The newspaper famous that the urge comes amid Lindner’s push for harsh austerity measures; these have already been imposed on all German ministries besides protection. The finance minister has been resisting intense stress from Scholz and Financial system Minister Robert Habeck to droop the nation’s constitutional restrict on debt to permit for the price of offering navy support to Kiev amid the Ukrainian battle.


Germany is the second greatest backer of Ukraine after the US. Berlin has supplied and dedicated navy support of at the very least €28 billion ($30.3 billion) to Kiev in present and future pledges. This consists of superior navy tools corresponding to Leopard 2 tanks, Marder infantry preventing autos, and US-made Patriot air-defense programs.

Lindner reportedly doesn’t anticipate the nation’s help to Ukraine to drop, because the minister hopes to cowl the bills not with federal funds funds, however by way of using Russian central financial institution property that have been frozen by Kiev’s Western allies shortly after the battle escalated.

Practically $300 billion belonging to Russia’s central financial institution has been immobilized by the EU and G7 nations as a part of Ukraine-related sanctions. In Could, Brussels permitted a plan to make use of the curiosity earned on the frozen property to help Ukraine’s restoration and protection. Underneath the settlement, 90% of the proceeds are anticipated to enter an EU-run fund for Ukrainian navy support, with the opposite 10% allotted to supporting Kiev in different methods.

You possibly can share this story on social media:

Observe RT onRT
RT



Source link

Tags: FAZGermanMinistersMoneyNewstoldUkraineWorld
ShareTweetShareShare
Previous Post

Medical doctors’ strike halts OPDs nationwide, govt assures safety panel | India Information

Next Post

Australia v South Africa LIVE: Outcome and response from Rugby Championship match in Perth as Springboks dominate

Related Posts

Were 2 enough? Experts question number of air traffic controllers during LaGuardia midnight shift

Were 2 enough? Experts question number of air traffic controllers during LaGuardia midnight shift

by Index Investing News
March 28, 2026
0

Were two air traffic controllers enough?Following the deadly collision between an Air Canada jet and a fire truck on the...

Oriental turtle dove from east Asia turns up in Ireland — Earth Changes — Sott.net

Oriental turtle dove from east Asia turns up in Ireland — Earth Changes — Sott.net

by Index Investing News
March 24, 2026
0

© Richard CavesOriental Turtle Dove, Lisburn, Antrim.The head of communications and development at Birdwatch Ireland has said the rare oriental...

US Fitness app exposes location of French aircraft carrier — RT World News

US Fitness app exposes location of French aircraft carrier — RT World News

by Index Investing News
March 20, 2026
0

Le Monde traced the 262-meter warship using satellite imagery guided by fitness app data A French Navy officer using a...

Why Hitler still finds admirers in Pakistan

Why Hitler still finds admirers in Pakistan

by Index Investing News
March 16, 2026
0

Admiration for Adolf Hitler should be morally unthinkable anywhere. Yet in parts of Pakistan, his name still surfaces in conversations...

Three Potential Succession Scenarios for Russia’s Modern Tsar – The Cipher Brief

Three Potential Succession Scenarios for Russia’s Modern Tsar – The Cipher Brief

by Index Investing News
March 12, 2026
0

The short answer is that a popular uprising in Russia is still highly unlikely. The FSB and other Russian security...

Next Post
Australia v South Africa LIVE: Outcome and response from Rugby Championship match in Perth as Springboks dominate

Australia v South Africa LIVE: Outcome and response from Rugby Championship match in Perth as Springboks dominate

Carnival Is Making A Comeback Towards All Odds (NYSE:CCL)

Carnival Is Making A Comeback Towards All Odds (NYSE:CCL)

RECOMMENDED

What Occurs to My Hire When the Constructing’s Tax Profit Expires?

What Occurs to My Hire When the Constructing’s Tax Profit Expires?

February 8, 2025
Broker Spotlight: Chip Stella, LandVest | Christie’s International Real Estate

Broker Spotlight: Chip Stella, LandVest | Christie’s International Real Estate

February 15, 2024
Shining gentle from Lesotho: Dr Maletela Tuoane’s legacy in world statistics

Shining gentle from Lesotho: Dr Maletela Tuoane’s legacy in world statistics

April 27, 2025
Mango DAO, Blockworks Basis settle SEC prices for 0K, conform to delist MNGO

Mango DAO, Blockworks Basis settle SEC prices for $700K, conform to delist MNGO

September 29, 2024
In a bid to tackle housing crisis, Canada caps International student intake to 3.6 lakh for 2024

In a bid to tackle housing crisis, Canada caps International student intake to 3.6 lakh for 2024

January 23, 2024
Piper Sandler upgrades Citigroup to Overweight, sees 19% upside potential (NYSE:C)

Piper Sandler upgrades Citigroup to Overweight, sees 19% upside potential (NYSE:C)

February 14, 2024
Find out how to Spot a Meme Coin with Potential: A Dealer’s Information | by Hawker | The Darkish Facet | Aug, 2024

Find out how to Spot a Meme Coin with Potential: A Dealer’s Information | by Hawker | The Darkish Facet | Aug, 2024

August 29, 2024
IndiQube Areas recordsdata for IPO to lift Rs 850 crore

IndiQube Areas recordsdata for IPO to lift Rs 850 crore

December 25, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In