Germany to release extra €3bn in military aid for Ukraine

Reuters

Germany plans to release an additional €3bn in military aid for Ukraine, marking a breakthrough after Chancellor Olaf Scholz had previously blocked the funds over borrowing rule concerns.

The German government plans to provide an additional 3 billion euros ($3.3 billion) in military aid to Ukraine, with Finance Minister Joerg Kukies informing parliament's budgetary committee of the decision, according to a draft document obtained by Reuters.

This move is considered a breakthrough after outgoing Chancellor Olaf Scholz had previously blocked the extra aid, demanding an easing of borrowing rules as a condition.

On Tuesday, parliament voted in favor of a significant reform of fiscal rules.

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