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Putin's War in Ukraine: Stagnation Won't Stop Funding

12/13/2025

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Putin Sustains War
  • Vladimir Putin, Russian president, can sustain the war in Ukraine for years despite stagnation, according to Sergey Aleksashenko, deputy chairman of Russia's central bank.
  • Putin has funds to continue military operations despite GDP projected to drop from 4.3% to 0.9%.
  • NATO leaders warn of increasing risks to European security as Russia intensifies its war economy.
  • The Bank of Russia sues Euroclear over alleged losses tied to frozen assets in Europe.
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