European Commission’s $90 Billion Bailout Plan for Ukraine Raises Flags About EU Fiscal Responsibility
The European Commission pushes a $90 billion subsidy for Ukraine funded by joint debt or frozen Russian assets, risking EU taxpayer money and fiscal stability while exposing deep divisions among member states.
The European Commission is proposing a staggering €90 billion financial aid package for Ukraine, positioning it as a strategic necessity to pressure Moscow. But as Washington watches from afar, is Brussels ignoring the real cost being imposed on hardworking American and European taxpayers alike? Why Is the EU Pushing Massive Debt to Fund Ukraine? In a letter leaked to the press, Commission President Ursula von der Leyen outlines options that range from direct subsidies impacting national budgets, to collateral-backed loans financed through joint EU debt issuance. The goal: deliver nearly €45 billion annually over two years to Kyiv. Yet this...
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