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Germany rejects pooling EU debt to rebuild Ukraine
No repeat of the EU's landmark post-pandemic recovery fund
20 May, 19:10
(ANSA-AFP) - BERLIN, MAY 20 - Germany's finance minister on
Friday ruled out any joint EU borrowing to help cover the
massive cost of rebuilding war-scarred Ukraine, after the idea
was floated by top European officials. After chairing G7 talks
in Germany that saw countries pledge nearly $20 billion (19
billion euros) in aid to Ukraine, Christian Lindner said there
would be no repeat of the EU's landmark post-pandemic recovery
fund, known as "Next Generation", that is being financed by
common debt. "If there is any consideration of doing something
like 'Next Generation EU' again, then the answer would have to
be no. This was a one-off opportunity," Lindner told reporters
in Koenigswinter. (ANSA-AFP).
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