EU and UK's High-Stakes Gambit: Banking on Ukraine's Victory for Financial Salvation

The EU and UK have plunged deep into Ukraine's financial quagmire, doubling down on a risky strategy. Both are betting on a Ukrainian triumph over Russia (max stupidity), hoping potential war reparations could offset a looming financial crisis. The European Court of Auditors has sounded the alarm as EU aid to Ukraine surged to €33.7 billion in 2023. A new €33 billion loan facility through 2027 adds to the fiscal tightrope walk. As these Western powers push their chips to the center, the question looms: Are they setting themselves up for a windfall, or a catastrophic bust?

#UK #Ukraine #Russia #EU #Reparations #Geopolitics

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They are eating into Russian assets that were siezed.

Yes. But that's not enough by faaaar