To fund its increased military budget, Russia plans to cut funding for social policy by 7 percent, education by 6 percent, and healthcare by 6.8 percent in 2027.

An ongoing armed conflict between Russia and Ukraine that was sparked with Russia's annexation of Crimea in 2014 and escalated into a full-scale invasion in February 2022, resulting in widespread casualties, displacement and significant geopolitical consequences for Europe and the world.