German Chancellor Friedrich Merz has threatened to veto the EU budget unless member states agree to fund Ukraine.
German Chancellor Friedrich Merz threatened to block the adoption of the 2028-2034 EU budget. He stated he would not support the budget unless all 27 member states commit to providing financial aid for Ukraine. This ultimatum follows reports that four EU countries indicated they will not participate in further financial aid to Kyiv.
- German Chancellor Friedrich Merz threatened to block the EU budget for 2028-2034.
- The EU agreed to provide Ukraine a loan of 90 billion euros last December.
- Four EU countries indicated they will not participate in further financial aid to Kyiv.
- Ukraine has a financing deficit for the next year amounting to 70 billion euros.
- Germany is the largest net contributor to the EU budget.
- Friedrich Merz stated that the future EU budget will not be supported without financial aid for Ukraine from all 27 member states.
- The European Commission plans to cover two-thirds of the shortfall, approximately 45 billion euros.
Outlets: Aktuality.sk, Danas, Die Welt, Dnevnik.bg, Euronews Albania, Financial Times, G4Media, Interfax, Kyiv Independent, Kyiv Post, Meduza (English), Meduza.io, N1 Hrvatska, NV English, Sega, Stern, Ukrainska Pravda (English), Vijesti, ZN.UA, Zerkalo, n-tv
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