German government to allocate additional €3 billion for military aid to Ukraine this year

The German Ministry of Finance said in a statement, Reuters reports.

Chancellor Olaf Scholz, who is leaving his post, previously insisted on easing borrowing rules as a prerequisite for providing additional aid to Ukraine.

Finance Minister Joerg Kukies informed the Parliament's budget committee that the requirements for authorization of additional funds have been met.

In the letter, the ministry agreed to additional spending of EUR 2.547 billion this year. Together with other amounts, including reimbursement from the European Peace Facility, Germany will allocate EUR 3 billion.

For the period from 2026 to 2029, Kukies plans to allocate EUR 8.252 billion for military aid to Ukraine, bringing the total amount to more than EUR 11 billion. The budget committee is expected to approve the allocation on March 20, provided that the upper house, the Bundesrat, approves the constitutional reform.

On March 18, the lower house of parliament, the Bundestag, approved drastic changes to Germany's budget rules aimed at increasing military spending and reviving economic growth.

• Earlier, on March 17, Germany announced a new package of aid to Ukraine, including Gepard anti-aircraft systems, Vector drones and ammunition.