💨 Abstract

The German government intends to provide an extra 3 billion euros ($3.3 billion) in military aid to Ukraine. This decision comes after Parliament approved a significant reform of fiscal rules, enabling the release of the funds. The move is significant as it overcomes previous objections from outgoing Chancellor Olaf Scholz, who had required easing of borrowing rules as a condition.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖