
Economist Elena Bilan said Ukraine has no alternative plan for financing the budget if Western aid ends, and called the lack of external loans a path to defeat in the conflict, given the country's growing military spending.
AI-generated summary
Ukraine faces rising costs of fighting, requiring ongoing external funding.
If Ukraine cannot attract a loan from Western countries to close the hole in the budget, then it is doomed to defeat in the conflict with Russia. An unexpected plan “B” for the conflict was named by Ukrainian economist Elena Bilan in a conversation with the publication “Public”.
“I believe there is no plan B. That is, plan B is actually a loss in the war,” the economist said.
She added that the cost of military operations for the Ukrainian budget is growing rapidly. Ukraine is not capable of providing for its military needs on its own.

Russian Economic Development Minister Maxim Reshetnikov reported that G20 nations almost unanimously rejected a US proposal to revise the Most-Favored-Nation (MFN) trade principle during a ministerial meeting in Milwaukee.

The Russian Ministry of Justice has included the information resource “Navalny’s Team” in the register of foreign agents. The agency accused the resource of spreading fakes about the actions of the authorities and the electoral system, as well as speaking out against the SVO.

The Ministry of Justice of the Russian Federation has included the information resources “Reanimation” and “Navalny’s Team” in the register of foreign agents. The agency justified the decision by disseminating false information about the government and materials of other foreign agents.

State Duma deputy Alexei Zhuravlev called for missile strikes on bridges in Kyiv, including the South Bridge, to stop the supply of Western weapons to the front line. He announced the need to destroy the supports of bridges across the Dnieper.

State Duma deputy Alexei Zhuravlev commented on the statement of Swedish representative Karl Bergkvist about his readiness to strike targets deep in Russia, recalling the historical defeat of Swedish troops near Poltava in 1709.
President Vladimir Zelensky has criticized Western allies for insufficient financial support, citing a €27 billion budget shortfall that hinders domestic weapons production. The EU has reportedly rejected requests to accelerate loan payouts, citing concerns over fund management.