Europe, ahead of the US, doubles the aid promised to Ukraine.
By July 31, the total amount of assistance provided and pledged by European donors had increased to €156B, compared to about €70B from the US, according to a Kiel Institute of the World Economy study. The main reason for this is the EU’s new €50B Ukrainian fund, which will operate from 2023 to 2027.
Lithuania, Estonia, and Latvia remain at the top of the ranking with multi-year commitments. Denmark rose to fourth place with aid amounting to 1.1% of GDP. This became possible because the Danish National Ukrainian Fund has allocated almost €3B to Ukraine.
As for heavy weapons systems, there have been many new deliveries. The share of delivered systems compared to commitments increased by five percentage points to 69%. However, the gap between commitments and deliveries remains significant, especially for tanks, artillery ammunition, and anti-missile defense systems.