Business news from Ukraine

Business news from Ukraine

Germany to increase military aid to Ukraine to EUR5 bln per year until 2027

German Finance Minister Christian Lindner said that the German government has included support for Ukraine, including military aid, in its budget planning until 2027.

“For the next few years we have already firmly planned further support for Ukraine in our budget planning. The government already agreed this a few weeks ago, and I have no doubt that it will also be confirmed by our parliament in the coming months,” Lindner said at a joint press conference with Ukrainian Finance Minister Serhiy Marchenko.

He noted that the planned EUR5bn of military aid is bilateral aid. In addition, Lindner added, Germany makes various financial contributions to the EU, provides support in the humanitarian sphere of Ukraine and Ukrainians fleeing the war in the FRG.

“You know that Germany is the largest contributor to the European budget. We also have a correspondingly high share of the future financial aid that the European Union has promised to Ukraine. In our state budget, we have allocated large funds for the military until 2027 so that Ukraine can continue to rely on our contributions in the coming years,” Lindner said.

The finance minister also emphasized that Germany’s support for Ukraine since the start of the full-scale invasion amounts to EUR22bn, of which EUR12bn is military aid.

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Germany hands over new military aid package to Ukraine

Germany has handed over a new aid package to the Ukrainian army, which includes vehicles, drones and ammunition, the press service of the German government has reported.

Thus, according to the published list, the new aid package includes 10 tracked all-terrain vehicles Bandvagn 206 (BV206), 13 reconnaissance drones Vector, 20 reconnaissance drones RQ-35 Heidrun, 6 anti-aircraft self-propelled launchers Gepard and 15 thousand ammunition for them, 2.6 thousand smoke shells of 155 mm caliber.

In addition, 8 ambulances and 8 dental sterilizers were handed over.

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Ukrainian and Polish interior ministers discuss humanitarian and military aid for Ukraine

Minister of Internal Affairs of Ukraine Igor Klimenko thanked his Polish colleague Mariusz Kaminski for his assistance in eliminating the consequences of the occupants blowing up the Kakhovka hydroelectric power plant, discussed humanitarian and military aid to Ukraine, the Ukrainian Interior Ministry said.
The ministry’s message in its Telegram channel on Monday stated that Klimenko met in Rzeszow, Poland, with Polish Interior and Administration Minister Mariusz Kaminski.
“The main issue of the meeting of the ministers with the participation of the heads of border services, police and rescue services of Ukraine and the Republic of Poland was the issue of assistance to Ukraine – humanitarian and military,” the report says.
“Klimenko thanked his Polish colleague for assistance in eliminating the consequences of the explosion of the Kakhovskaya HPP. From the first hours of elimination of the consequences of the tragedy Ukrainian rescuers used boats, generators, tankers and pumps, immediately after the explosion of the HPP provided Poland,” – informs the Ministry of internal Affairs.
“Help was needed exactly in those days. Our Polish colleagues responded quickly and provided it in time. So once again we want to thank all the Polish people for the help they have given us since the first day of the war, and in any problems accompanying the war,” the words of the Minister are quoted in the message.
As previously reported with reference to the Minister of Interior and Administration of Poland, Poland will send the Ukrainian security forces, which are subordinate to the Interior Ministry of Ukraine – the National Guard, police and State Border Service – thousands of machine guns and millions of cartridges.
“The most important thing at the moment is weapons. Soon we will begin supplying weapons for the National Guard of Ukraine, for the assault brigades of the Ukrainian police and the Border Guard Service. These will be thousands of assault rifles, millions of rounds of ammunition that will allow Ukrainian defenders, defenders of Europe, to fight effectively,” Kaminsky said during a joint media briefing with Ukrainian Interior Minister Igor Klimenko in Rzeszow on Monday.
Kaminsky also announced additional measures to support military medicine in Ukraine. According to him, wounded Ukrainian servicemen can count on medical care in hospitals subordinate to the Polish Defense Ministry. “We will also build and equip field hospitals for officers of the National Guard, Ukrainian police officers and border guards who were wounded during combat operations,” the minister said.

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Joe Biden announces new military aid package for Ukraine

A new military aid package was announced at a meeting between Ukrainian President Vladimir Zelensky and U.S. President Joe Biden at the G7, President Andrei Yermak, head of the office, wrote in his Telegram channel Sunday.
“There is a new military aid package for Ukraine. It includes: additional ammunition for HIMARS; artillery shells; TOW anti-tank guided missiles; Javelin and AT-4 anti-tank systems; bridge systems; armored medical vehicles; trucks and trailers to transport heavy equipment; thermal imaging systems; spare parts and other field equipment. A $375 million package. thanks to allies,” he wrote.

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U.S. may announce additional military aid to Ukraine on Monday

The U.S. authorities on Monday may announce the allocation of another package of military aid to Kyiv, this time in the amount of $2.6 billion, according to Western media, citing U.S. officials.
The package, among other things, will include various types of ammunition, anti-tank weapons, air surveillance radar, equipment for crossing water barriers, recovery vehicles, and missiles for NASAMS air defense systems.
The reports note that work on this military assistance in the United States has not yet been completed, and therefore changes may occur in the list of transferred weapons.

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Germany plans to allocate another EUR12 bln for military aid to Ukraine

German authorities are planning to allocate another EUR12 billion for military support to Ukraine, Bloomberg reported, citing sources on Wednesday.
The Bundestag budget committee is expected to approve the plans of German Defense Minister Boris Pistorius on Wednesday. Thus, in case of approval of such a step, the total amount of funds, directed by Berlin for military aid to Kiev, will increase up to EUR14.2 billion.
In particular, the amount planned for 2023 will more than double and reach EUR5.4 billion. The rest of the funds – EUR8.8 billion – will be available if necessary in the coming years. The money will not come from the Defense Ministry’s budget or the special EUR100 billion fund for the modernization of the Bundeswehr.
In addition, on Wednesday, the Bundestag budget committee is expected to approve the purchase of 10 self-propelled rapid-fire howitzers from Krauss-Maffei Wegmann GmbH & Co KG worth EUR 185 million; these guns are to replace the howitzers transferred by Germany to Ukraine.

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