EU (including member states) becomes the largest donor to Ukraine.
Numbers you won't see in the US/UK media: EU has committed more than the US in support of Ukraine and Germany and France are the 2nd and 3rd largest donors ahead of the UK.
For several months we have heard that Europe and the EU haven't been pulling their weight. But the numbers tell a different story: Europeans have borne most of the economic repercussions while at the same time giving the most to Ukraine.
Some nuance though:
The US is an ocean away, and Ukraine is first and foremost Europe's business.
Additionally, the paying out of these funds is contingent on the funds from the EU not being blocked by Hungary. Likewise, other funds still need to be disbursed.
Into Europe
EU (including member states) becomes the largest donor to Ukraine.
Numbers you won't see in the US/UK media: EU has committed more than the US in support of Ukraine and Germany and France are the 2nd and 3rd largest donors ahead of the UK.
For several months we have heard that Europe and the EU haven't been pulling their weight. But the numbers tell a different story: Europeans have borne most of the economic repercussions while at the same time giving the most to Ukraine.
Some nuance though:
The US is an ocean away, and Ukraine is first and foremost Europe's business.
Additionally, the paying out of these funds is contingent on the funds from the EU not being blocked by Hungary. Likewise, other funds still need to be disbursed.
Graphs courtesy of the Kiel Institute: www.ifw-kiel.de/publications/media-information/202…
For a breakdown, check here: www.ifw-kiel.de/topics/war-against-ukraine/ukraine…
2 years ago (edited) | [YT] | 521