2/28/2024 – Making Russia pay for the invasion of Ukraine

From: Atlantic Council By Paul Grod

As Russia’s full-scale invasion of Ukraine enters its third year, the costs of the conflict continue to rise. The war unleashed by Vladimir Putin on February 24, 2022, has led to hundreds of thousands of deaths and forced more than ten million Ukrainians to flee their homes. Dozens of towns and cities have been reduced to rubble by the invading Russian army, while the entire Ukrainian nation has been subjected to unimaginable trauma.

It is impossible to put a price on this death and destruction, of course. Nevertheless, there is no escaping the financial dimension of Russia’s invasion. Every single month, Ukraine requires billions of dollars from partners to fund the war effort, balance the state budget, and keep its economy afloat. In the coming years, the bill for the reconstruction of the country is expected to be in excess of $500 billion. These are truly staggering sums. Making Russia pay would be the most sensible solution, from both a moral and practical perspective.

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