1/24/2025 — NATO chief: Cost of Russian victory in Ukraine would be ‘trillions not billions’

From: Atlantic Council By Peter Dickinson

NATO Secretary-General Mark Rutte has warned alliance members that if the Russian invasion of Ukraine is allowed to succeed, the cost of reestablishing NATO’s international credibility would be measured in the trillions of dollars.

Speaking on the sidelines of the World Economic Forum in Davos, Rutte highlighted the economic argument for increased military spending in support of the Ukrainian war effort. “If Ukraine loses then to restore the deterrence of the rest of NATO again, it will be a much, much higher price than what we are contemplating at this moment in terms of ramping up our spending and ramping up our industrial production,” commentedRutte. “It will not be billions extra. It will be trillions extra.”

Underscoring his warning, the NATO chief conjured up images of Russian dictator Vladimir Putin and his authoritarian allies celebrating victory over the West. “If we get a bad deal, it would only mean that we will see the President of Russia high-fiving with the leaders from North Korea, Iran, and China. We cannot accept that. It would be a big, big geopolitical mistake.”

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