Thread by @joni_askola

1/8 The Kiel Institute, a well-known German think tank, has calculated that the cost of not supporting Ukraine is 10 to 20 times greater than the cost of offering that support

2/8 In recent months, there has been a rise in political voices in Europe and the US calling for a reduction or cessation of military support for Ukraine. The Kiel Institute has attempted to assess the approximate costs associated with this stupid idea.

3/8 Some argue that financial support for military assistance extends the duration of the war, which is both peculiar and ironic. This is particularly true since many of these same people advocate for Palestine in its conflict, a struggle that appears much less likely to succeed

4/8 The Kiel Institute evaluates the expenses associated with military support for Ukraine against the anticipated costs of withholding that support. It finds that providing support to Ukraine is significantly less expensive than not doing so.

5/8 To date, the average amount of German military support for Ukraine represents approximately 0.1% of Germany's GDP annually. According to their projections, ceasing support for Ukraine could lead to costs ranging from 1% to 2% of annual GDP over the next five years.

6/8 Consequently, discontinuing aid to Ukraine would lead to economic costs for Germany in the coming years that are 10 to 20 times higher than the costs of sustaining the current levels of military support.

7/8 Europe needs to take action and boost its assistance to Ukraine, whether through common debt, bilateral agreements, or even by using russia's frozen assets.

8/8 Sources:
Kiel Institute - The cost of not supporting Ukraine
@Erik2604