German Chancellor Merz threatens to block the EU budget for the next seven years, unless all countries agree to commit to funding Ukraine in 2027 and the following years. collision reports.
Merez said this in a letter to the President of the European Council, Antonio Costa:
A collective commitment that we all, without exception, make a fair contribution to cover Ukraine's funding gaps is a necessary condition for solving this issue and for discussing any other issue, especially those that have financial implications, the publication quotes an excerpt from her letter from March.
Germany is the largest financial contributor to the European Union. The four countries that oppose additional costs for Kyiv are subsidized countries.
EU leaders will meet this week. Meraz wants the issue of Ukraine's financing to be included on the agenda. Also, the German chancellor wants to simplify Ukraine's financing procedure: instead of the principle according to which one country can block a collective decision, they intend to switch to the majority principle.
Ukraine's budget deficit next year will amount to 70 billion euros, the publication said. The European Union has pledged to cover about 45 billion dollars.