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Automatically translated version. May contain inaccuracies compared to the original.
Germany has issued an ultimatum to secure funding for Ukraine, — FT.
Chancellor Friedrich Merz threatens to block the EU’s seven-year budget for 2028–2034 years unless all member states commit to providing financial support to Ukraine in 2027 and thereafter.
In a letter to European Council President Charles Michel, Merz calls for the shared participation of all states in covering Ukraine’s financing shortfall as a mandatory condition for further budget negotiations.
According to Ukraine’s estimates, the financing shortfall in 2027 will be €70 billion. The EU promises to cover about €45 billion, but Hungary, Slovakia, Bulgaria, and the Czech Republic do not want to join further funding.
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