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world20h ago
Russian victory would cost Europe twice as much as supporting Ukraine, study finds
- European costs could total €1.2-€1.6 trillion ($1.4-1.8 trillion) under a Russian victory, including defense spending.
- A Ukrainian victory would be less costly for Europe, with rapid military aid enabling Ukraine to regain territory.
- Refugee and migration pressures are a key concern in the cost estimates for a Russian victory.
- The study notes Europe would bear most of the costs under either scenario, with the United States potentially stepping back.
- An option to mitigate European costs could involve using frozen Russian assets for Ukraine.
- Europe faces heightened defense and deterrence needs in the Baltics and Arctic in the Russian-victory scenario.
- A Ukrainian victory could accelerate EU integration and refugee returns.
- The study discusses a reparations loan using frozen Russian assets as a potential funding tool.
- The report emphasizes a need for rapid military aid to enable Ukraine to regain momentum.
- The findings come as European leaders face pressure to secure new funding for Ukraine.
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