US EditionBerlin’s Push to Favor Its Own Arms-Makers Snarls Ukraine’s €90B EU Loan
6 Articles
6 Articles
Among the countries of the European Union, there are ongoing disputes over the terms of joint borrowing for Ukraine in the amount of 90 billion euros, in particular on which weapons these funds will be spent.
A Ukraine support tracker from the Institute for the World Economy in Kiel estimates Germany's bilateral aid to Ukraine at almost 25 billion euros.
Community spokesperson Paula Pinho recalled this Tuesday at a press conference that the European Commission presented in mid-month its proposal to spend the EUR 90 billion that 24 EU Member States will allocate to finance Ukraine, a plan that was agreed during the European Council summit held in Brussels in December.
This was announced by Petro Poroshenko after a meeting with EU Commissioner for Defence and Space Andrius Kubilius.Poroshenko also discussed with European Commissioner Kubilius the security situation in Ukraine and Europe, ways to overcome the critical state of Ukrainian energy due to the recent Russian rocket attacks and attacks Ukraine's urgent needs in air defense and anti-drone defense. “He stressed the importance of a significant increase i…
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