Germany and several EU member states did not approve a 20 billion euro allocation to Ukraine, according to Reuters, in relation to a diplomat. The discussion centers on directing the funds toward military aid for Kyiv rather than other uses.
Sources say the EU plan to provide military assistance to Ukraine is meeting reluctance among some EU governments and could undergo revisions as a result.
Germany, along with other EU members, reportedly shares this cautious stance on the proposed aid package, signaling a broader debate within the bloc about how best to support Ukraine while maintaining fiscal discipline.
Earlier, Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration, Olga Stefanishyna, indicated that delays in the EU’s approval of the 50 billion euro aid program could have implications for the country’s macroeconomic stability.
The official emphasized the importance of clarity regarding Kyiv’s expectations for January 2024, including how the country plans to operate and meet its financial commitments. Without such understanding, there could be pressure on macroeconomic stability and investor confidence.
Historically, the EU has discussed Ukraine’s potential membership, with recent conversations centering on the steps required for Kyiv to align with EU criteria and the broader integration timeline.