Europe can replace US aid to Ukraine by increasing its contributions by just 0.2% of GDP.
1 Articles
1 Articles
Europe can replace US aid to Ukraine by increasing its contributions by just 0.2% of GDP.
To achieve this would only require EU countries to increase their contributions by 0.21% of their combined annual GDP – from €44B to €82B, said Christoph Trebesch, an expert at the Kiel Institute for the World Economy. This increase in financial participation would not impose an excessive financial burden on EU countries. “We are not talking about huge amounts. In the context of the overall budget, this is more of a side item than a significant …
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