According to columnist Mark Champion, from the beginning of the Russian invasion in February 2022 to the end of October 2024, Europe has pledged €241B in support of Ukraine, while the US promised €119B in aid. If Trump fulfills his campaign promise to reduce American support for Ukraine, Europe will soon have to fill a significant gap.
However, there is a massive difference between what Europe promised and what it has delivered. As of today, out of the €241B in aid that the EU partners have announced for Kyiv, only €125B has been delivered, which is only a little over 50%. This difference is partly explained by the €52B that was only promised by Europe and the G7 this fall when a mechanism for using frozen Russian assets as collateral for loans to Ukraine was finally approved. Even so, Europe still has the remaining €64B promised to Kyiv.
Some of what Ukraine needs will have to come from Western stocks and manufacturers, such as the air defenses that Scholz promised. Ukraine can already produce most of what it needs to stabilize the front lines and equip new battalions, but it lacks the money.