Volodymyr Zelenskyy faces another blow as one of its military aid sources decides to close the tap as the county grapples with the need to reduce costs amid budget deficits.
According to a report by Frankfurter Allgemeine Zeitung, all future requests from the Ministry of Defence for Ukraine will be declined by leftist German Chancellor Olaf Scholz as Germany suffers a financial crisis.
However, the newspaper clarified that according to a government report, all agreed physical and financial will still be sent to Ukraine. This meant that this year, Kyiv would receive some 8 billion euros, while an additional 4 billion euros, which had already been approved, would be sent next year.
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But that would be the end of it, according to Scholz, as the country could no longer afford to supply Zelenskyy’s dragging war against Russia with new weapons.
When a Russian airstrike hit Kyiv Children’s Hospital last month, Diehl Defence, an arms manufacturer, offered to send an IRIS-T air defense system to defend Ukraine’s airspace.
However, Scholz refused to pay despite the deal already pledged by Germany’s Finance Minister Boris Pistorius. By next year, all military aid for Ukraine will drop drastically.
One government source lamented, “The party is over, the pot is empty.”
The decision to cut down aid will gravely affect Ukrainian soldiers who are already suffering from increasing shortages in munitions and spare parts for the tanks and armored vehicles from the German arms manufacturers.
According to news, Ukraine is already raising concerns as its troops are only firing three to four rounds a day using the German-supplied Panzerhaubtize 2000 system.
The leftist chancellor’s latest decision faced immense scrutiny by critics, who see his effort as merely an “unprecedented spectacle of hypocrisy.”
Berlin further added that future funding for Ukraine would come from frozen Russian assets.
Germany and members of G7 countries agreed in June that they would utilize frozen sovereign assets of the Kremlin, amounting to $300 billion. However, governments underscored that they have to finalize the details of the scheme, which would drag on for months.
In a recent report, however, Scholz clarified that their support for Ukraine will come from the 50 billion euros loaned by the G7.
“And we continue our support: with a €50 billion loan that we are initiating together with the G7. This will enable Ukraine to purchase weapons on a large scale. It can rely on this,” stated the German Chancellor.
NATO-member countries have been in hot water since the start of the Ukraine-Russia conflict for sending billions of money for Zelenskyy’s war while internal issues mired their nations.
