rsemmes
Active Member
Donald Trump has halted new US military aid for Ukraine. European nations, grappling with stagnant economies and public spending pressures, are not doing nearly enough to fill the gap, according to the Kiel Institut in Germany.
And Ukraine is running out of money fast: Kyiv needs an estimated €136bn in 2026 and 2027 to fund its defence and keep afloat, according to the European Commission. Without new funds by spring, Ukraine risks going bankrupt, unable to pay soldiers, teachers and police.
...
Agreement would trigger an outpouring of relief, but the difficulties would be far from over. Even if EU leaders sign off on the frozen assets idea, it would still need to be turned into law to meet Ukraine’s urgent military and civilian needs by springtime.
www.theguardian.com
It looks like we (decided to) took action, now let's write the law to make it legal. (What it's illegal in some countries.)
No, China and the EU are not providing the same level of support.
And Ukraine is running out of money fast: Kyiv needs an estimated €136bn in 2026 and 2027 to fund its defence and keep afloat, according to the European Commission. Without new funds by spring, Ukraine risks going bankrupt, unable to pay soldiers, teachers and police.
...
Agreement would trigger an outpouring of relief, but the difficulties would be far from over. Even if EU leaders sign off on the frozen assets idea, it would still need to be turned into law to meet Ukraine’s urgent military and civilian needs by springtime.
What is the row about the EU using frozen Russian assets to support Ukraine?
Complex plan would involve EU lending €90bn to Ukraine, which some fear could destabilise Eurozone. Putin says move is akin to ‘theft’
No, China and the EU are not providing the same level of support.