Russia’s 2026 deficit nearly doubles to a record $88 billion, and its new budget plans three more years in the red
The draft sent to the Duma still gives the military its biggest budget since the full-scale invasion began.
Browsing Tag
military spending
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Russia spends $2.7 billion weekly on war against Ukraine, total war costs exceed $195 billion in 2025
Russia's military spending this year is 20% higher than planned.
It’s your war. You’ve just outsourced the dying.
A Ukrainian's message to Europe from 400 km east of Warsaw
Ukraine’s Plan A: peace, but Russia doesn’t want it. Plan B: $60 billion for 2026 from allies — Zelenskyy
With Russia demanding surrender and Washington withholding aid, Ukraine braces for an unsustainable financial cliff.
German government approves budget for 2026 with $ 9.6 bn for Ukraine
The German government approved on 30 July its draft budget for 2026 and medium-term financial planning through 2029,…
SIPRI: Russia increased its military spending to $ 149 bn, widening gap with Ukraine
Global military expenditure reached an unprecedented $2.7 trillion in 2024, marking the steepest year-on-year increase since the end of the Cold War, the Stockholm International Peace Research Institute reported.
Italy, Spain hesitant on EU’s € 40 bn Ukraine military aid proposal
Despite strong backing from northern and eastern Europe, Italy and Spain have raised concerns over Kaja Kallas' military aid plan.
ISW: Poll shows Russians increasingly support war on Ukraine despite economic toll
46% of Russians support the invasion of Ukraine, rejecting troops withdrawal without Kyiv's full capitulation, while 54% report worsening war-related hardships.
FT: Estonia, Lithuania bordering Russia pledge 5% defense spending after Trump’s “constructive pressure”
"It is existential for us to have real war-fighting capabilities here,” said Lithuania's foreign minister Kęstutis Budrys.
Putin approves record defense spending for 2025 as EU leaders visit Kyiv to show Ukraine support
Russia commits to record military expenditure, representing 32.5% of the 2025 budget, to sustain its ongoing war in Ukraine.
Europe needs to wake up and revolutionize arms production, says NATO commander
Admiral Vandier says Europe needs to increase military spending beyond 2% GDP, accelerate technological innovation, and develop more flexible procurement processes.
Estonia military chief: Double defense spend for inflicting “decisive defeat” if Russia invades
Estonia's top military chief advocates doubling defense spending in the next two years to ensure the ability not just to defend against a potential Russian invasion but to decisively defeat any aggression.
Russia producing three times more artillery shells than US and EU for Ukraine
Russia is producing around 250,000 artillery shells monthly or 3,000,000 a year, compared to just 1.2 million annually from the US and Europe combined for Ukraine, per CNN data.
UK intel: Wartime policies magnify Russia’s chronic underinvestment in public works
Heating systems are failing across Russia, leaving residents in sub-zero distress, as years of military prioritization over infrastructure combine with wartime strains on budgets and workforces, per UK intelligence.
Ukraine to spend half of 2024 budget on defense, prime minister claims
Ukraine's parliament has approved a state budget for 2024 with half of all state spending to go on…