Germany has threatened to block the adoption of the EU budget without approving additional funding for Ukraine.
If all EU countries "without exception" do not commit to providing financial support to Ukraine in 2027 and the following years, Germany will block the general budget for 2034-2028, which is currently being discussed. Chancellor Friedrich Mertz warned about this, the Financial Times reports.
"The collective commitment that we will all, without exception, make a fair contribution to the elimination of Ukraine's [financial] deficit is a necessary precondition for solving this [budget] issue and for discussing any additional issue, especially those with a financial dimension," Merez wrote in a letter to European Council President Antonio Costa, which he saw in the newspaper. It is necessary to find a solution "supported by all EU countries that will provide Ukraine with a reliable multi-year financial forecast from 2028"; This decision should take into account the interest payment on the debt raised to help Ukraine, insists Marez.
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