The Bottomless Pit of War Spending
by Manlio Dinucci,* Italy
(17. November 2022) The European Union is giving Ukraine €5 billion in exceptional macro financial assistance. Another 9 billion has been provided by the EU-sponsored fundraising campaign. However, this is not enough to cover the budget hole; Zelensky is immediately asking for another 55 billion euros. The US and EU have already donated 100 billion euros in military supplies to Kiev.