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What will be the state of Germany's economy in 2025?
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Resolution / Starting Odds
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Official economic reports from the German government or reputable financial news sources
Story
Germany to Halve Military Aid to Ukraine in 2025 from €8 Billion to €4 Billion
Jul 17, 2024, 01:50 PM
Germany plans to halve its military aid to Ukraine in 2025, reducing the allocation from €8 billion in 2024 to €4 billion (€4.35 billion). This decision, reported by Reuters, is part of the country's draft budget for the next year. The German cabinet is expected to approve the budget today after months of debate. Despite concerns about potential changes in U.S. support for Ukraine with the possibility of Donald Trump returning to the White House, Germany is proceeding with the reduction. The move reflects Germany's broader budgetary constraints and efforts to close a €17 billion gap between projected spending and revenue.
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