Throwing good money after bad, from Ian Proud at responsiblestatecraft.org:
With talks stalled, Zelensky says he needs more money for next year
Ukraine is already asking for more money to continue fighting into 2026, a sure sign that President Volodmyr Zelensky has no plans to end the war.
With the battlefield continuing to favor Russia, European leaders have their collective heads in the sand on who will pay. How long before President Trump walks away?
At the G7 Finance and Central Bank governors’ meeting in Banff on May 21, Ukraine’s Finance Minister Sergii Marchenko sought financial support for 2026, “including the provision of support to the Ukrainian army through its integration into the European security system,” according to reports.
I have said before that Ukraine cannot keep fighting into 2026 without a significant injection of European money. Even if the war were to stop tomorrow, Ukraine would still face a huge funding black hole. And that prolonging the war simply extends Ukraine’s indebtedness and delinquency, nudging it every closer towards the status of a failed state.
Making light of the price tag, German-based Kiel Institute has suggested extra EU support to Ukraine’s army would only need to cost an extra 0.2% of GDP or $43.3 billion per year. This assumes no additional U.S. funding under President Trump and is a figure practically identical to the $41.5 billion figure I forecast two months ago.
The Ukrainian side pointed out two assumptions that underpin their request — first, that funding Ukraine’s military supports macro-financial stability in that country. That is untrue. By far the leading cause of the increased financial distress of Ukraine is its vast and unsustainable prosecution of a war that it cannot win. As I have said before, ending the war would allow for immediate reductions to be made to military spending, which accounts for 65% of total government expenditure.
Second, that paying for Ukraine’s military is keeping Europe safer. It isn’t. The best route to European security would be to end the war tomorrow. The risk of escalation only grows for the longer the war continues and President Zelensky resorts to increasingly desperate tactics as the battlefield realities turn against him.
Why can’t Putin see that Zelensky has no intention of ending the WAR as those Paris shopping sprees for wifey ain’t cheap plus he knows his usefulness is over with end of the SMO.
I would stay off the streets during certain hours if I was a military aged male in 404, the press gangs don’t play.
Vlad is a globalist in on the slow burn to WWIII kabuki?
Well surprise surprise as Gomer would say.