A new analysis by the Kiel Institute for the World Economy suggests that stopping military aid to #Ukraine would cost #Germany’s economy “significantly more” than maintaining current support levels.
-
A new analysis by the Kiel Institute for the World Economy suggests that stopping military aid to #Ukraine would cost #Germany’s economy “significantly more” than maintaining current support levels.
Germany’s average annual military support for Ukraine since the beginning of #Russia’s invasion amounts to only 0.1% of its GDP, while ending this support could result in costs of 1-2% of GDP annually.
Stopping Ukraine aid would cost Berlin 10-20 times more than current support, think tank says - Euromaidan Press
Kiel Institute's research shows German economy would suffer 1-2% GDP loss annually, compared to current 0.1% GDP assistance, due to increased defense spending and refugees.
Euromaidan Press (euromaidanpress.com)
Copyright © 2024 NodeBB | Contributors