NATO proposes a $100 billion fund for Ukraine. Do we cover 90% of the bill?

Sharing is Caring!

NATO Secretary General Jens Stoltenberg is proposing to establish a US$100 billion fund of allied contributions for Ukraine over five years as part of a package that alliance leaders will approve when they meet in Washington in July.

See also  Wall Street giant Fidelity holds over 150,000 Bitcoin, valued at more than $10.2 billion.

Details: According to Bloomberg sources, Allies are still debating Stoltenberg’s proposal and the mechanisms for distributing contributions, specifically whether to include bilateral assistance to Ukraine in the total amount.

According to sources, the proposal will likely change before the allies can reach an agreement. NATO can also take over the operational responsibilities of the US-led Ukraine Defense Contact Group (Ramstein format), which coordinates weapon supplies to Kyiv.

See also  South Florida's housing bubble: Crisis looms with overvaluation, instability, $633.8 million CLOs this year, $1.3 billion next.

Views: 38

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.