Germany Recognizes That Ukraine Protects European Values

by Olha Povaliaieva
Friday, May 20, 2022
Germany Recognizes That Ukraine Protects European Values

The German finance minister announced the collection of $19 bln to guarantee Ukraine compensation for short-term economic needs

On May 19, during the meeting of the G7 finance ministers in Bonn, the ministers decided to raise funds to help Ukraine. The course is at $19 billion and according to Christian Lindner, this amount can be accumulated.

"We need to guarantee Ukraine’s ability to defend itself, which is why we are here to raise funds to provide liquidity to the Ukrainian government," Christian Lindner.

According to the decision of the G7, $7.5 billion out of $19 billion will come from the United States, the rest from the European Union. "The government of Ukraine should not worry about financing its state needs in the coming months," Bloomberg quoted minister Lindner as saying.

"I think this is a very good signal that the G7 countries stand shoulder to shoulder with Ukraine because they protect not only themselves but also our values," Christian Lindner.

You will be interested