Berlin, July 1 (EFE).- German Chancellor Friedrich Merz said on Wednesday that NATO allies are expected to commit at least 70 billion euros in military and financial support for Ukraine at next week’s summit, while discussions continue over extending that commitment into 2027.

According to the Frankfurter Allgemeine Zeitung (FAZ), the draft summit declaration under negotiation would commit allies to providing Ukraine with around 70 billion euros in military equipment, training, and other assistance by 2026, with a proposal to maintain a similar level of support in 2027.

«We also want to send a signal of continued support for Ukraine from Ankara. The federal government proposes that we, as the European NATO allies, make a new funding commitment to Kyiv. We hope Moscow draws the right conclusions from this. We will not reduce our support for Ukraine,» Merz said at a joint press conference with NATO Secretary General Mark Rutte and German Defense Minister Boris Pistorius.

Merz said the decision to begin peace negotiations rests entirely with Russia.

«The time should come when the Russian leadership declares itself willing to enter talks and negotiations,» he said.