February 25, 2024 10:54 pm

Scholz urges support for Ukraine despite budget crisis — RT World News

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp
Telegram

URGENT: JUST 11 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, TO ENSURE WE ARE FULLY FUNDED FOR NEXT MONTH,SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS - Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Aiding Kiev is of “existential importance” to Europe, the German chancellor has said

Germany’s economy needs to be modernized in order to be prepared for unexpected crises in the future, Chancellor Olaf Scholz said in his address to parliament on Tuesday. A recent Constitutional Court ruling blocked the government’s plans to divert unused pandemic funds into its Climate and Transformation Fund intended for that purpose.

In his speech, Scholz recalled that the country had faced challenges, including the COVID-19 pandemic, the Ukraine conflict, and rising energy prices. 

According to Reuters, Scholz said that “it would be a grave and unforgivable mistake to neglect the modernization of our country in the face of all these acute challenges.”

While Scholz called for the “transformation” of the German economy, he said that the country would continue to provide assistance to Ukraine “as long as it is necessary.” As quoted by the Guardian, he said this support had “existential importance” not only for Germany but for all of Europe, with the chancellor adding that “if Putin won” there would be “even more serious consequences.”

Earlier this month, the German government reportedly agreed to double military aid to Ukraine next year to a total of €8 billion ($8.79 billion).

During his address, Scholz also said that “it is also clear that we must not let up in our support for Ukraine and in overcoming the energy crisis,” according to Reuters.

While Scholz claimed that his government would deal with the budget crisis, the opposition Christian Democrats (CDU), whose legal action sparked the Constitutional Court ruling, greeted his words with laughter.

According to Vice Chancellor Robert Habeck, the legal decision could have “massive implications” for the country’s transformation into a cleaner and more technologically advanced economy, Bloomberg reported last week.

A few days ago, Bavarian premier Markus Soeder, who also leads the state’s largest party and CDU ally, the Christian Social Union (CSU), said Scholz’s government had “gone bankrupt” and criticized its strategy of lifting energy price controls by the end of the year. The controls were designed to protect households and businesses from soaring gas and electricity costs caused by dwindling energy imports from Russia amid EU sanctions.

 

You can share this story on social media:

Source link

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

Original Source: Scholz urges support for Ukraine despite budget crisis — RT World News

Support the ANR from as little as $8 – it only takes a minute. If you can, please consider supporting us with a regular amount each month. Thank you.

Let’s not lose touch…Your Government and Big Tech are actively trying to censor the information reported by The ANR to serve their own needs. Subscribe now to make sure you receive the latest uncensored news in your inbox…

Australian National Review is Australia’s first real free and independent press, one with no editorial control by the elite, but a publication that can generate critical thinkers and critical debate and hold those spreading mistruths and deliberate propaganda in mainstream media to account.

News with a difference that will be educational, compelling and create a platform for political and social change in this country and address the real issues facing this country and the world.

Discover more from ANR

Subscribe now to keep reading and get access to the full archive.

Watch Full Documentary

URGENT: JUST 3 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED TO LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS

Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Get access to TruthMed- how to save your family and friends that have been vaxx with vaccine detox, & how the Unvaxxed can prevent spike protein infection from the jabbed.

Free with ANR Subscription from $8