According to CoinMeta, German Chancellor Olaf Scholz stated that Germany's support for the EU's next seven-year budget is contingent on all member states jointly undertaking financial assistance to Ukraine. In a letter to European Council President Charles Michel, he pointed out that the current distribution of bilateral aid to Ukraine is uneven, with a minority of member states bearing the majority of the burden. All countries must fairly share the funding gap of 70 billion euros (about 78.4 billion US dollars) for Ukraine next year. EU leaders will meet in Dublin on Thursday and Friday this week to discuss Ukraine's financing and EU budget issues. Previously, the EU had agreed to provide Ukraine with a loan of 90 billion euros, but Czech Republic, Hungary, and Slovakia chose not to participate in this lending arrangement.