How much money does Ukraine need to win the war?

The European Union has approved the use of 3 billion euros of frozen assets to purchase weapons for Ukraine. Minister of Justice Denys Malyuska noted that this funding is not large for the ongoing war. According to him, Ukraine needs much more.

The annual package of 3 billion euros, consisting of profits from frozen Russian assets, is almost not enough for Ukraine's military needs. This was confirmed by Minister Malyuska at the meeting of G7 justice ministers in Italy.

The EU has approved a plan to use profits from investing frozen Russian assets in Europe to buy weapons for Ukraine. Since Russia's full-scale invasion of Ukraine in February 2022, the EU has frozen more than €200 billion in Russian state assets to help Kyiv.

Minister of Foreign Affairs Dmytro Kuleba warned that Ukraine will definitely receive money for post-war reconstruction from Russia's frozen assets. The minister also noted that there are three elements of frozen assets that Ukraine can count on: the assets themselves, income from these assets and taxes on these incomes.

It is predicted that the use of frozen Russian assets to support Ukraine will be a just and legal response to Russia's aggression against Ukraine. It will also send the right signal to potential aggressors in the world.

At the same time, during the invasion of Ukraine, the number of millionaires increased. According to the State Tax Service, 1,800 Ukrainians declared incomes of more than 1 million hryvnias, hryvnia millionaires live mainly in the capital, Kharkiv region and Dnipropetrovsk region.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

In Irpen, for the first time, it is planned to demolish the illegal high-rise buildings of ex-mayor Volodymyr Karplyuk

In Irpen, an unprecedented decision is being prepared for the city — the demolition of...

Journalist Oleksandr Lemenov has been declared wanted

The Bilotserkiv City District Court of the Kyiv Region decided to detain...

Oleksandr Usyk was wearing chic clothes from a Ukrainian brand at the "arrival ceremony".

On December 21, Saudi Arabia will host one of the most anticipated...

The SBU effectively conducts its special operations on the territory of Russia

The work of the Ukrainian special services during the war attracts more and more...

Yevhen Dykiy about the situation in the 211th brigade

Violations of discipline and cases of abuse in military units -...

During the six years of construction of the Podilsky Bridge, its value has doubled

The construction of the Podilsk bridge over the Dnipro in Kyiv, which...

In Ukraine, more than 1,000 FOPs are closed every day due to tax increases

In Ukraine, after President Volodymyr Zelenskyi signed the law on...

Petro Poroshenko "earned" millions of hryvnias from donations

The fifth president of Ukraine, Petro Poroshenko, once again found himself in the center...