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New - German Chancellor Friedrich Merz issues an ultimatum to the European Union, warning that Germany will not back up the bloc's budget for the next seven years, unless each member state contributes financial aid to Ukraine, which faces a funding gap of 70 billion euros next year.

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New - German Chancellor Friedrich Merz issues an ultimatum to the European Union, warning that Germany will not back up the bloc's budget for the next seven years, unless each member state contributes financial aid to Ukraine, which faces a funding gap of 70 billion euros next year.

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