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01-Mar-2024

If Ukraine loses, the EU loses too

The war in Ukraine enters its third year, and dark clouds are looming on the horizon.

The war in Ukraine enters its third year, and dark clouds are looming on the horizon. As Russia appears to be gaining ground, Ukraine's biggest supporter is at risk of withdrawing. Since November, Republicans in the US Congress have been recklessly blocking the approval of further military aid for Ukraine - aligning with the potential next US President Donald Trump.

"To completely replace US military aid in 2024, Europe would need to double its current weapons deliveries," explains LBBW Chief Economist Moritz Kraemer. However, the support of several EU members for Ukraine is already deemed insufficient, he states.

Read the latest LBBW To the point to find out why the question of additional military aid could have lasting consequences not only for Ukraine, but also for the European Union.

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