Scholz: Russia’s Victory Will Cost More Than Aid to Ukraine

Scholz: Aid to Ukraine Comes with a Financial Burden, but is the Right Step

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German Chancellor Olaf Scholz: "We are ready for constructive dialogue with Russia"

German Chancellor Scholz said that although Berlin’s support for Ukraine has ‘financial consequences’, the aid is important.

German Chancellor Olaf Scholz said in a statement that although Germany’s support for Ukraine has ‘financial consequences’, he thinks the aid to Kiev is right, arguing that the consequences of Russia’s victory will cost much more than supporting Ukraine.

“In my conversations with citizens, they always ask me, ‘Is it right that we are supporting Ukraine so much? I say ‘absolutely yes’, even if of course there are financial consequences,” Scholz said.

Earlier, Scholz said Germany would provide Ukraine with 7.1 billion euros in military aid in 2024, of which 6 billion euros would be allocated as obligations for the coming years. So far, Germany has spent a total of 28 billion euros in aid to Kiev.

In terms of the amount of aid allocated to Ukraine since the start of the special military operation, the United States ranks first and Germany second.


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