Posted: 19.01.2024 09:52:00

Germany admitted its economy not receiving enough funds due to Ukraine support

The German economy is underperforming as Berlin spends large sums to support Kiev – as stated by German Minister of Economy and Vice-Chancellor Robert Habeck, RIA Novosti reports

photo: www.reuters.com

Speaking before the country’s parliament, the German Minister noted, “We provide military and economic aid to Ukraine, as well as to European states that continue to support Ukraine. Therefore, we spend money, this money is no longer there, and it must be admitted that it does not flow into our economy.”

Germany is the second (after the US) largest donor of aid to the Kiev regime. Earlier, the German Cabinet of Ministers said that in 2024 Berlin intends to provide military assistance to Ukraine worth over 7bn Euros.