BERLIN: Chancellor Olaf Scholz’s governing coalition has agreed to double Germany’s military aid for Ukraine next year to €8 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.
If approved by the parliament in Berlin, where Scholz’s parties hold a majority, the boost would lift Germany’s defence spending beyond the 2% of gross domestic product target pledged by all Nato members, the report added.
Lawmakers of Scholz’s Social Democrats, the Free Democrats, and the Green party agreed on the increase in negotiations over the proposed 2024 federal budget this week, Bloomberg News reported.
Germany’s ministry of defence could not be immediately reached for comment.
A European Union plan to spend up to €20 billion on military aid for Ukraine was met with resistance from EU countries.