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Ukraine: Hardly any new aid pledges to defend against Russia

2022-08-18T10:30:00.054Z

Ukraine is hardly receiving any new aid pledges from the West. The large EU countries such as Germany, France and Italy in particular did not announce any significant military or financial aid in July.



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The Bundeswehr's self-propelled howitzer: "Clearly below the needs of the Ukraine"

Photo: Thomas Imo / photothek / IMAGO

Between July and August, the donor countries only pledged around 1.5 billion euros for military and financial aid to Ukraine.

This is a fraction of what was promised in April or May, writes the Kiel Institute for the World Economy (IfW) in its current Ukraine Support Tracker.

The largest part (one billion euros) of the promised funds is also only contributed by one country, namely Norway.

A total of support commitments of 84.2 billion euros are recorded.

Hardly any new weapons

"In July, the donor countries mainly delivered what they had promised and launched few initiatives for new aid," says Christoph Trebesch, research center director at the IfW Kiel and head of the team that creates the Ukraine Support Tracker.

In June and July, for example, Germany promised hardly any new weapons, but delivered some weapon systems that had already been promised.

“Financial and military support is still well below Ukraine's needs.

It also remains small in relation to what some of the donors are mobilizing in their own countries to avert the crisis,” says Trebesch.

In terms of volume and consistency, the USA, the EU Commission and Great Britain are proving to be Ukraine's most reliable supporters.

The Americans decided on large packages, especially in March and May, which have since been called off in tranches.

The British are in second place behind the USA in the country ranking and have now pledged twice as much aid as Germany, which is roughly on a par with Canada and Poland.

The consistency of aid from Anglo-Saxon countries is remarkable.

»The EU Commission regularly advocates larger aid packages for Ukraine.

In the implementation, however, there are repeated delays at the level of the member states.

For a country in a war situation, however, in addition to the scope, the reliability and predictability of the aid are particularly important,” says Trebesch.

Important EU countries such as France, Spain and Italy have so far provided little support or remain opaque when it comes to their aid.

mike

Source: spiegel

All business articles on 2022-08-18

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