SPD leader: Saskia Esken calls for property tax to build up Ukraine

Germany SPD leader

Saskia Esken calls for wealth tax to build up Ukraine

Committee meetings of the Bundestag parties - SPD

SPD leader Saskia Esken

Source: dpa/Wolfgang Kumm

Ukraine is asking Germany for $500 million a month to get the country through the war. SPD leader Saskia Esken has an idea how the necessary money could be collected.

Mith regard to the costs of the reconstruction of Ukraine, the SPD chairwoman Saskia Esken has again called for a wealth tax. “In order to finance an effective, solidarity-based state that holds society in our country together, supports reconstruction in Ukraine and at the same time does not turn a blind eye to the global hunger crisis, we must finally implement a solidarity-based asset levy on the part of the super-rich,” Esken told the editorial network Germany .

The parliamentary group leader of the left, Dietmar Bartsch, also commented accordingly. “We need Europe-wide participation by the super-rich. It shouldn’t be the case that normal taxpayers, who are already suffering from inflation and energy prices, have to pay the war bills alone.” Bartsch demanded that Russia should be involved in the reconstruction through the use of confiscated assets from Russian oligarchs.

Ukraine wants Germany to give it $500 million a month in aid

According to the government in Kyiv, Germany is to pay Ukraine a monthly contribution of half a billion dollars to support its state budget during the war. “The state has to function, the pensions have to be paid out,” said President Volodymyr Zelenskyj’s economic adviser, Alexander Rodnyansky, in the newspapers of the Funke media group.

Ukraine needs four to five billion dollars for its budget every month, Rodnyansky explained. “We believe that Germany could take on around 500 million dollars (around 506 million euros) a month, especially with a view to 2023.” The Ukrainian government is hoping for around two billion dollars a month from the EU as a whole.

According to forecasts, Ukraine’s gross domestic product will collapse by around 35 percent this year as a result of the Russian war of aggression, said the presidential adviser. After the Russian attacks on the Ukrainian infrastructure, he is hoping for emergency aid from the West in the form of diesel generators, emergency generators or mobile power plants.

An international conference on the reconstruction of Ukraine is taking place in Berlin this Tuesday. At the invitation of Federal Chancellor Olaf Scholz (SPD) and EU Commission President Ursula von der Leyen, representatives of governments, international organizations and civil society will take part in the meeting. In addition to Scholz and von der Leyen, Selenskyj will also speak, who will be connected via video.

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