Germany will allocate 125 million euros in humanitarian aid and raise an additional 140 million euros for the development of Ukraine.
German Chancellor Olaf Scholz promised to allocate humanitarian aid to Ukraine in the amount of 125 million euros. He said this during a donor conference on Thursday, May 5, reports Welt.
In addition, an additional 140 million euros have been allocated for the development of Ukraine.
“Today we are pledging an additional 125 million euros for humanitarian support and measures to help build Ukraine’s resilience against aggression,” Scholz said.
He also informed that Germany would provide urgently needed liquidity for the Ukrainian budget: a special loan in the amount of 150 million euros had just been provided, another one for the same amount would be prepared under an accelerated procedure.
Earlier it was reported that Germany will provide Ukraine with Cobra radar systems, which can detect enemy howitzers and mortars of 80 mm caliber and above.
The media also reported that Germany will supply Ukraine with seven Panzerhaubitze 2000 self-propelled howitzers from the stocks of the Bundeswehr.