this post was submitted on 13 Nov 2023
335 points (98.3% liked)

World News

32370 readers
657 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Ooops@kbin.social 18 points 1 year ago* (last edited 1 year ago) (2 children)

It's officially agreed upon by all coalition members, but the finalizing of 2024's budget where they officially introduce that change is only scheduled for next week.

Also just the original 4 billion € for next year is more than all other countries with the exception of US and UK have spend this whole war...

[–] nonailsleft@lemm.ee 5 points 1 year ago* (last edited 1 year ago) (1 children)

That's just military aid though. In all, the EU has almost spent €85 billion to support Ukrainians.

https://ec.europa.eu/commission/presscorner/api/files/attachment/876709/Factsheet_EU_Solidarity_with_Ukraine_EN.pdf.pdf

For comparison, Russia is expected to have tripled their national military budget by 80 to €120 billion per year, or an increase of around 4% GDP. If the EU spends €60 billion /year on aid, that would mean around 0,4% of their GDP.

[–] Sowhatever@discuss.tchncs.de 3 points 1 year ago

Aka Russia has a GDP comparable to Italy

[–] Habahnow@sh.itjust.works 1 points 1 year ago

Bad ass for Germany and Ukraine. hope things go well.thanks for the context