March 4th 2025.
In recent news, it has been reported by RBC-Ukraine online media outlet that Ukraine has enough resources to sustain itself for approximately six months, even without the support of the United States. This statement was made by Fedir Venislavsky, a member of the Parliament's defence committee. He mentioned that over the past three years, Ukraine's military-industrial complex has significantly grown and is well-equipped to handle any potential threats or risks.
However, Venislavsky did acknowledge that there are certain weapons that Ukraine still relies on the US for, such as air defence systems and long-range multiple-launch rocket systems. To address this issue, efforts are being made to secure alternative sources for these crucial weapons, according to Xinhua news agency.
Recent reports have also stated that the US administration has temporarily halted the delivery of military aid to Ukraine, following a tense exchange between the presidents of both countries at the White House. It is worth noting that between 2022 and 2025, the US has provided Ukraine with a whopping 65.9 billion US dollars in military assistance, according to the US Department of State.
In light of the current situation, European Commission President Ursula von der Leyen has announced a plan to increase defence spending across the European Union. She emphasized the urgency and danger of the threats faced by Europe and outlined a proposal, titled the "ReArm Europe Plan", to boost defence capabilities within the EU.
During a press conference in Brussels, Von der Leyen stated that she had written a letter to leaders ahead of the upcoming European Council meeting, in which she proposed utilizing all available financial resources to support EU Member States in significantly increasing their defence expenditures. She also mentioned that in recent meetings, European capitals have expressed their readiness to ramp up defence spending, both in response to current events and in the long-term to take on more responsibility for European security.
As part of the ReArm Europe plan, the European Commission President suggested providing EUR 150 billion in loans to Member States for defence investment. This initiative could potentially mobilize close to EUR 800 billion for the safety and resilience of Europe, while still maintaining close partnerships with NATO.
In conclusion, the first part of the ReArm Europe plan involves utilizing public funding at the national level for defence purposes, as outlined by the European Commission President. It is evident that the current situation has prompted a need for Europe to take action and increase its defence capabilities, and this plan aims to address that need.
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