EU Spent More on Russian Energy Imports Last Year Than It Sent to Ukraine

On the one hand, the EU is trying to stop Putin with sanctions, but on the other hand, billions continue to flow to Russia.

The EU is reportedly spending more on Russian energy this year than on military aid to Ukraine. Sanctions are slowly hurting the Russian economy.

EU Spent More on Russian Energy Imports Last Year Than It Sent to Ukraine

German tabloid Bild reports that Europe is on track to spend €20 billion on Russian energy and imports, more than it sends to its ally Ukraine.

Russia's war economy is booming with massive energy exports. EU indirectly supports billions of purchases.

Their reserves are exhausted, without a change in macroeconomic model, the Russians cannot solve the financing of the war – says András Deák about the state of economic warfare. We invited the energy policy expert to our podcast because it was recently revealed that the European Commission would completely ban Russian energy carriers from the EU. András Deák says about the plan that if this happens, there will be practically no meaningful trade …

The EU will spend more to purchase Russian raw materials and energy resources than on military aid to Ukraine.

Despite the current 17 EU sanctions packages, in 2025 Russia is projected to receive about $233B from the export of raw materials and energy resources and more than $20B from EU countries alone. “This is, for example, many times more than what Europe spends on military aid to Ukraine,” Bild says. The Kremlin generates income from the supply of coal, oil, LNG, and uranium. China, Turkey, and India are the main buyers, but the EU also plays a sign…