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Germany set an ultimatum to ensure the financing of Ukraine, -. FT.

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Germany set an ultimatum to ensure the financing of Ukraine, -. FT.

Germany set an ultimatum to ensure the financing of Ukraine, -. FT.

Chancellor Friedrich March is threatening to block the EU's seven-year budget for 2034-2028 unless all member states commit to providing financial support to Ukraine in 2027 and beyond.

In a letter to the President of the European Council, Kostya Mertz names the joint participation of all countries in covering Ukraine's financial deficit as a mandatory condition for continuing negotiations on the budget.

According to Ukraine's estimates, the financing deficit will amount to 70 billion euros in 2027. The European Union promises to cover about 45 billion euros, but Hungary, Slovakia, Bulgaria and the Czech Republic do not want to participate in additional funding.

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