Source: Responsible Statecraft
by Ian Proud
“There is no plan in place to fund the Ukrainian budget after 2025. Even if the war ends by the summer of 2025, it will take some time to reduce military expenditures, leaving European nations on the hook. It’s not clear that European elites have fully understood the political costs, however much longer the war continues. With intensive, U.S.-brokered negotiations ongoing in Saudi Arabia involving separate Ukrainian and Russian delegations, hopes are rising that the Trump administration will finally be able to bring an end to the war. But even if the war ends tomorrow, it would be unwise to assume that Ukraine could reduce military spending close to prewar levels.” (03/26/25)