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G7: More Weapons for Ukraine, More Pressure on Russia’s Economy

Endre Barcs by Endre Barcs
July 28, 2026
in News, World
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Despite All the Rumors, Christine Lagarde Will Remain at the Helm of the European Central Bank

A formation of armored vehicles, manned by U.S. Army and Marine Corps personnel, stand ready to lead a convoy of coalition forces through the parade grounds established for the 50/20 celebration in Kuwait, Feb. 21. This celebration honors the veterans of Operation Desert Storm and recognizes the long standing and successful partnership that is indicative of our many friendships in the region.

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On their meeting in France, G7 leaders have adopted a joint statement committing to increased deliveries of weapons to Ukraine, including air defence systems and long-range capabilities, while tightening the screws on Russia’s energy sector.

“Unwavering support for Ukraine in defending its freedom, sovereignty, and territorial integrity.”

The leaders of the G7 endorsed this statement, praising Ukraine for the new momentum it has built on the battlefield, and committing to sustaining that momentum through increased deliveries of air defence capabilities, additional systems and interceptors, and long-range capabilities.

The Scale of Support

Europe is Ukraine’s main support, with recent estimates allocating around €200 billion in overall military and financial support since the beginning of the full-scale invasion in 2022, with an additional €90 billion loan that will start flowing this month. The United States accounts for roughly €115 billion in overall support.

Tags: G7RussiaUkraine
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