The U.S. Congress has so far failed to pass a $60 billion aid package for Ukraine supported by the Biden administration due to opposition from Republican lawmakers. European policymakers, by contrast, managed to get a major aid package recently approved by the EU in the amount of 50 billion euros. But the failure of the U.S. aid is being described by some as a potential tipping point in Ukraine’s stalemated war with Russia.
Ukraine’s Struggle to Survive Without U.S. Aid
The coming economic disaster has less to do with financial stability than military industry.
A Ukrainian soldier of an artillery unit fires towards Russian positions outside Bakhmut on November 8, 2022. BULENT KILIC/AFP via Getty Images
Cameron Abadi is a deputy editor at Foreign Policy. Twitter: @CameronAbadi
Adam Tooze is a columnist at Foreign Policy and a history professor and the director of the European Institute at Columbia University. He is the author of Chartbook, a newsletter on economics, geopolitics, and history. Twitter: @adam_tooze
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