Germany has committed to providing €9 billion ($10 bn) in annual support to Ukraine over the coming years, German Finance Minister and Vice-Chancellor Lars Klingbeil announced during a meeting with Ukraine’s president.

“As finance minister, I emphasized, and this was also agreed by the Federal Government, that we commit to supporting Ukraine in the coming years, spending 9 billion euros annually,” Klingbeil said.

The German finance minister held separate discussions with his Ukrainian counterpart Serhiy Marchenko to address Ukraine’s financial resource requirements for 2026.

Marchenko revealed that Germany’s direct budget assistance to Ukraine has reached €1.6 billion ($1.9 bn) since early 2022. The Ukrainian minister highlighted additional German contributions through European Union mechanisms.

“Also significant is the support by the German government of the EU’s Ukraine Facility instrument, within which €22.6 billion ($26.2 bn) has already been attracted to the state budget, and the ERA mechanism — we received €9 billion ($10 bn) from the EU,” Marchenko wrote.

Germany’s financial commitment extends beyond budget support to military assistance. The country previously announced it would finance a $500 million package of military equipment and ammunition from the United States for Ukraine. Additionally, Germany and Norway will jointly fund two Patriot air defense systems for Ukraine.

The €9 billion ($10 bn) annual pledge represents a substantial increase from current direct budget assistance levels, signaling Germany’s long-term commitment to supporting Ukraine’s financial stability.