Europe preps huge defense package in boost to Ukraine: "Never been seen"
Europe preps huge defense package in boost to Ukraine: "Never been seen"
Media reports said as much as $700 billion could be allocated to Europe's defenses, though it was not clear how much of that amount would go to Kyiv.
Summary
European officials are preparing a multibillion-dollar defense package to bolster regional security and support Ukraine, announced by German Foreign Minister Annalena Baerbock at the Munich Security Conference.
The package, potentially valued up to 700 billion euros, will fund military training, arms deliveries, and security guarantees amid concerns over Russian aggression and diminishing U.S. contributions to NATO.
The move follows calls for Europe to boost its own defense spending while U.S.-Russian talks, which exclude Ukraine and Europe, on ending the Ukraine conflict continue.
It's a bit premature to announce this, but yes VonderLeyen has announced the preparation of a defense package of approx. 700 B via this legal fiscal venue. Together with the EU Competitiveness Compass plan at around a minimum of 750 B, they will likely be aimed to reinforce each other. In addition, other parallel plans are being prepared, pending current developments.
added: Context: EU defense is now at 326 B in 2024 (consilium EU). Though Europe also includes UK and other countries ofcourse.
This newly announced extra package is like a minimum extra budget.
I know a way to increase the support even more than that:
Donate to https://u24.gov.ua/
Realistically, the only actual solution to this problem in any long term would probably involve stationing nukes, which nobody really wants to do. A combination of not wanting to risk pissing off putin, because everyone thinks that he's an insane trump-level idiot that will engage in mutual self-destruction over ukraine, combined with the post-soviet destruction and hollowing out of the ukranian economy into private enterprise, an economy which wasn't exactly doing hot before. So it's pretty clear that most everyone doesn't actually give a fuck about ukraine or the ukranian people at all. Everyone's just gonna use this as an opportunity, as with every conflict, to pawn off old military hardware, bury the receiving country in a huge amount of IMF bank loan debt, and scale up their own domestic military production while paying off a bunch of private contractors which are, hmm, suspiciously close to the levers of power inside the real government. Weird how that happens. What a noble sacrifice.
I dunno, the wheels turn.
Package.... and will EU also print new soldiers on its factories? Even properly and sufficiently training the existing ones takes years.
yeah, that would have been an even better idea, 3 years ago.
Day 1 of the invasion, cut literally all economic ties with Russia and put 3% GDP into defense across the EU.