The financial vultures are circling Ukraine.
From Phil Butler at journal-neo.org:
Recently, the head of the European Commission, Ursula von der Leyen, said that the European Union should double its assistance to Ukraine. She went on to say the EU should create a support fund of 50 billion euros by the end of the year and that everything should be done to ensure victory on the battlefield for the Ukrainians.
The European Union has created a “support package” for Ukraine for 2023 of up to €18 billion. This money, however, is not in the form of gifts, grants, or to create an emergency war chest. These billions are a loan under an EU macro-financial assistance program dubbed the MFA+ Instrument. In the fine print, EU member states are guaranteeing these loans as well as paying the interest for the Ukrainians.
The move is extraordinary given that Ukraine is not an EU member and that, even before the current conflict, was one of the most corrupt governments on Earth. This begs the question, “Why?”
The EU is issuing special bonds to be sold to investors for this purpose at a time when many people in the European Union go without proper healthcare, services, and even employment. The European Union, EU Member States, and European financial institutions have already dispersed some €49 billion to President Zelensky’s regime. This figure, added to the $76.8 billion already funneled to Ukraine, dwarfs any assistance given to any other country in the world.
This very conservative report from the Council of Foreign Relations shows the U.S. alone has shoveled more into Zelensky’s coffers than Afghanistan, Israel, Jordan, Ethiopia, and Iraq combined in 2020.
In all, some 47 countries have given money and arms to Ukraine. As of now, EU Institutions (?) have handed Zelensky over €30 billion. The UK has forked over about €10 billion as their pensioners worry about what’s for dinner next. Germany has given somewhere around €8 billion, and Japan almost €7 billion. The Netherlands, Canada, and Poland have pitched in about €5 billion each, and the list of others about €14 billion. The numbers, as you would expect, do not all add up.
A U.S. News & World Reports story from earlier this year claimed total aid to Zelensky’s country had exceeded €150 billion as of January of this year. Again, why?
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