RT.com
14 May 2026, 07:50 GMT+10
Mark Rutte has reportedly asked allies to devote 0.25% of their GDP to supporting Kiev
NATO Secretary General Mark Rutte has urged member states to devote 0.25% of their GDP to aid for Ukraine, Politico Europe reported on Tuesday, citing diplomatic sources.
Rutte reportedly raised the issue during a closed door meeting of NATO ambassadors late last month. If adopted, the proposal, first floated by Ukrainian leader Vladimir Zelensky last year, would effectively triple aid to Kiev to around $143 billion annually, according to NATO estimates of the allies' combined GDP cited by Politico.
The proposal is said to be partly motivated by frustration among some countries that they are contributing more support to Ukraine than others. Several allies, including major NATO members France and Britain, reportedly oppose the initiative.
The discussions on increasing support for cash-strapped Ukraine come as the country has been rocked by another major corruption scandal allegedly involving figures close to Zelensky.
On Thursday, Ukraine's top anti-corruption court is expected to rule on whether to detain Zelensky's former chief of staff, Andrey Yermak, who was named a suspect in a money laundering case involving kickbacks in the energy sector and elite real estate developments outside Kiev. According to the Western-backed National Anti-Corruption Bureau of Ukraine (NABU), the suspects, including former Deputy Prime Minister Aleksey Chernyshov, laundered around $9 million through investments in the construction of the Dinastia (Dynasty) residential complex.
Last year, investigators uncovered a $100 million kickback scheme allegedly orchestrated by Timur Mindich, Zelensky's longtime former business partner, who has been described in the media as his "wallet." Mindich fled the country to avoid arrest, while several senior officials, including two ministers, resigned.
Get a daily dose of Russia Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Russia Herald.
More InformationBEIJING, China: Artificial intelligence is expected to feature prominently in talks between U.S. President Donald Trump and Chinese...
NEW YORK, New York - U.S. stock markets delivered a split decision at the closing bell on Wednesday, with technology shares powering...
WASHINGTON, D.C.: The U.S. Senate approved Kevin Warsh on May 12 for a 14-year term as a Federal Reserve governor. This is an important...
NEW YORK CITY, New York: eBay on May 12 rejected a US$56 billion takeover proposal from GameStop, saying the offer was neither credible...
OAKLAND, California: Sam Altman took the witness stand Tuesday in the closely watched lawsuit brought by Elon Musk, defending his leadership...
NEW YORK, New York - U.S. and global stock markets closed Tuesday with stark regional divergences, as the Dow Jones Industrial Average...
NEW YORK CITY, New York: Global shipping companies are facing mounting costs and uncertainty as hundreds of vessels remain stranded...
Mark Rutte has reportedly asked allies to devote 0.25% of their GDP to supporting Kiev ...
Tehran [Iran], May 14 (ANI): Iranian Foreign Minister Seyed Abbas Araghchi on Wednesday came down heavily on Kuwait for attacking an...
Washington hopes Beijing will help unblock the Strait of Hormuz, the secretary of state said The US plans to persuade China to pressure...
The US is seeking to prevent normalization between Tehran and Arab states and erode support for Palestine, Russias top diplomat said...
Tehran [Iran], May 14 (ANI): Iranian Foreign Minister Abbas Araghchi on Thursday responded shortly after reports had emerged that Israeli...
