Germany has allocated billion-dollar aid packages to Ukraine: what will they include
Germany, together with partners such as Belgium, Denmark and Norway, plans to allocate significant funds to support Ukraine's defence efforts.
German Chancellor Olaf Scholz said this at a briefing with Ukrainian President Volodymyr Zelenskyy. Germany intends to transfer 1.4 billion euros worth of aid to Ukraine by the end of 2023, and another 4 billion euros in 2024.
Military aid to Ukraine
Scholz noted that the aid package will include:
- iris-T air defence systems,
- skynex and Gepard anti-aircraft systems,
- self-propelled artillery systems, combat drones, radars and ammunition.
In addition, military support will continue in 2024 with an additional €4 billion package already included in the budget. The Chancellor emphasised that Germany will continue to support Ukraine in the fight against aggression.
Scholz also said that the G7 countries were providing Ukraine with a loan worth 50 billion euros in line with the decisions of the G7 summit. In addition, a military aid package worth 600 million euros has already been delivered to Ukraine, including the fifth Iris-T air defence system, infantry fighting vehicles (IFVs), tanks, howitzers and ammunition.
Chancellor Scholz also expressed support for the second Peace Summit, suggesting that Russia be invited to participate. He emphasised that peace should be based on international humanitarian law and that Germany would not accept a "peace diktat" by Russia.
Ukraine's strategy
Ukrainian President Volodymyr Zelenskyy has presented Scholz with a strategy for forcing Russia to peace, which, in his opinion, should be implemented no later than 2025. The plan aims to end the war as soon as possible and prevent a repeat aggression. Zelensky also expressed gratitude to Germany for providing air defence equipment and support for the Peace Formula.