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@intelshill@lemmy.ca to World News@lemmy.ml • 1 year ago

NATO Proposes $100 Billion, Five-Year Fund to Aid Ukraine

www.bloomberg.com

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NATO Proposes $100 Billion, Five-Year Fund to Aid Ukraine

www.bloomberg.com

@intelshill@lemmy.ca to World News@lemmy.ml • 1 year ago
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NATO Proposes $100 Billion, Five-Year Fund to Support Ukraine
www.bloomberg.com
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NATO Secretary General Jens Stoltenberg is proposing to establish a fund of allied contributions worth $100 billion over five years for Ukraine as part of a package for alliance leaders to sign off when they gather in Washington in July.
  • @NIB@lemmy.world
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    1 year ago

    That’s 20 billion per year. The EU’s alone defense spending for 2023 was 270bil. This is not a lot of money.

    • @zaphod@sopuli.xyz
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      26•1 year ago

      The EU has no defense budget, the member countries have.

      • Ricky Rigatoni
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        2•1 year ago

        deleted by creator

        • @zaphod@sopuli.xyz
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          6•1 year ago

          Except there’s no real common strategy behind it, so it’s pointless to look at it as a single defense budget.

          • Ricky Rigatoni
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            0•1 year ago

            Stop talking to ghosts I deleted that reply 4 hours ago.

            I’m gonna have to get used to how slow federation can be…

            • Pika
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              1•1 year ago

              yeaaa 3 days later that post is still there lol, think at this point it ain’t poofing

      • @NIB@lemmy.world
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        -1•1 year ago

        Obviously.

    • @InformalTrifle@lemmy.world
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      1•1 year ago

      I get your point about how it compares relatively. But I beg to differ that $100 billion is not a lot of money

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