The Economist reported on the need for Ukraine to receive $389 billion.

Ukraine will need $389 billion in financial and military support from 2026 to 2029. This was reported on October 30 by The Economist.

It is specified that the specified amount of aid is almost twice the total amount of $ 206 billion that Kiev has received since the beginning of the full-scale invasion in February 2022. In this regard, the publication focuses on the need to redistribute the financial burden between the European members of NATO.

Against the background of the growing skepticism of the US administration regarding further financing of Ukraine, the Alliance countries will probably have to increase the corresponding expenditures from the current 0.2% to 0.4% of GDP.

The Economist sees this situation as a test of the strength of the concept of European "strategic autonomy" — the ability to pursue an independent foreign policy without regard for the United States or China.

Gathered for business: the West cannot come to an agreement on the assets of the Russian Federation

The ECB and a number of countries are skeptical about the "reparation loan"

Earlier, on October 27, the media reported on the development of an alternative financial support plan for Ukraine. It was reported that the European Commission (EC) will prepare a document with several options for action, including proposals for a joint debt, a reparative loan, as well as distancing Ukraine from the EU.

Belgium did not support the initiative of the EU countries to seize frozen Russian assets for their further transfer to Ukraine. According to the Prime Minister of the kingdom, Bart de Wever, the EU leaders did not provide guarantees to protect Belgium from possible retaliatory measures by Russia in case of confiscation of frozen Russian assets.

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