this post was submitted on 16 Feb 2025
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Europe quietly developing plan to send peacekeeping troops to Ukraine, AP reports (kyivindependent.com)
submitted 3 weeks ago by Sunshine@lemmy.ca to c/ukraine@sopuli.xyz
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[–] MrMakabar@slrpnk.net 1 points 3 weeks ago

Europe has a 10 times bigger economy than Russia, but Russia still manage to outspend Europe on military.

In GDP terms the EU has a 10 times larger economy, but in GDP adjusted for purchasing power it is only 4 times larger. In absolute terms EU military spending is higher then that of Russia, but it is about the same, when adjusting for purchasing power.