War More Than Economy? Russia's all-time defense spending is 'alarming' around the world [Now News]

Russia, which has been at war with Ukraine for three years, has confirmed its biggest defense budget ever.Russian President Vladimir Putin

signed a budget plan on the 1st local time to increase defense spending next year to 13.5 trillion rubles and about 192.5 trillion won.

This is a 25-30% increase compared to this year, the largest ever, foreign media said.

Earlier, Russia's House of Representatives and Senate had already approved the budget and Putin signed it, confirming the spending plan.

Defense spending accounts for 32.5% of the Russian government's total budget for next year, more than the combined welfare and education sectors.

On this day, the leadership of the European Union made a surprise visit to Kyiv, the capital of Ukraine, on the 1st, when the new term began.

EU Summit President António Costa, senior foreign and security representative Kallas, and Commissioner for Extension and Eastern Europe Marta Kos met with Ukrainian President Volodymyr Zelensky in Kyiv.

Senior EU officials reportedly discussed with President Zelensky how to expand EU aid to Ukraine.

a
reporter | Cho Soo-hyun
AI Anchor|Y-GO
Edit Caption | Lee Mi-young


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