German Chancellor Olaf Scholz delivers a speech on the day of the opening of an electrolysis gigafactory in Berlin, Germany November 8, 2023.
REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsNov 11 (Reuters) - German chancellor Olaf Scholz's governing coalition has agreed to double German military aid for Ukraine next year to 8 billion euros ($8.54 billion), Bloomberg News reported on Saturday, citing people familiar with the matter.
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.
A European Union plan to spend up to 20 billion euros ($21.4 billion) on military aid for Ukraine was met with resistance from EU countries.
($1 = 0.9362 euros)Reporting by Gursimran Kaur in Bengaluru; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.
Persons:
Olaf Scholz, Annegret, Olaf Scholz's, Gursimran Kaur, David Gregorio Our
Organizations:
REUTERS, Bloomberg, Atlantic Treaty Organization, Scholz's Social Democrats, Free Democrats, Green, Bloomberg News, Germany's Ministry of Defense, Thomson
Locations:
Berlin, Germany, Ukraine, Germany's, Bengaluru