- Officials warn President Putin about the financial strain and unsustainable spending levels caused by the war in Ukraine.
- The Russian Finance Ministry released data detailing how the war with Ukraine is burdening the state budget through subsidy payouts.
Military spending consumes nearly 40 percent of the federal budget.
1 report, 1 independent
Updated Jul 26
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What happened
Military spending consumes nearly 40 percent of the federal budget.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Europe
terrestrial continent located in north-western Eurasia
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Moscow
capital and most populous city of Russia
Related events
- European members increase defense spending, tracked by IIISS, shaping the defense trajectory of NATO.
- Poland's defense spending is part of the larger European trend toward increased military readiness and defense capabilities.
- Trump asked Congress for a $1.5 trillion budget while reports detailed Russian drone incursions into Europe.
- Global conflicts are straining US defense resources while Europe ramps up its defense spending.
- Russia provided billions in military aid.
Coverage
Newest first; wire copies grouped- theepochtimes.comUkraine Is Proving That Industrial Power Still Wins Wars