Tag - EU-Russia relations

Confrontational politics is here to stay. It’s time Europe got on board.
Jamie Dettmer is opinion editor and a foreign affairs columnist at POLITICO Europe. Today’s angry and discombobulating geopolitical landscape is giving rise to noticeably more acrimonious diplomatic exchanges than seen in preceding decades — even sharper than during U.S. President Donald Trump’s first term. This is likely just a reflection of the times we live in: Roiled by shocks and uncertainty, even world leaders and their envoys are on edge. And social media doesn’t help keep exchanges calm and respectful either. Measured speech doesn’t go viral. If you want attention, be disparaging and abrasive. Let’s take Canadian Prime Minister Mark Carney’s carefully crafted speech at Davos last week. Carney earned a standing ovation from global and corporate leaders as he bewailed the unfolding great-power rivalry, urging “middle powers” to act together “because if we’re not at the table, we’re on the menu.” Yet, it was Trump’s free-wheeling, sharp-edged speech with its personal criticism of fellow Western leaders — including a jab at French President Emmanuel Macron — that roared on social media. This shift away from traditional diplomatic etiquette toward more confrontational, seemingly no-nonsense and aggressive public-facing communication is very much in keeping with populist styles of leadership. And it’s now shaping an era where antagonistic communication isn’t just tolerated but celebrated and applauded by many. Trump is very much a man of his times. And it’s time Europe finally caught on. Aside from Trump, Russian President Vladimir Putin is also often known to use colloquial and crude language to attack Western and Ukrainian leaders — though noticeably, he never uses such language with Trump. In an address last month, Putin referred to European leaders as podsvinki — little pigs. And before invading Ukraine in February 2022, he used a vulgar Russian rhyme to insinuate Ukrainian President Volodymyr Zelenskyy needed to be raped. China, too, has been noticeably more menacing in its diplomatic speech in recent years — though it tends to eschew personal invective. The shift began around 2019, when Chinese Foreign Minister Wang Yi instructed envoys to display a stronger “fighting spirit” to defend Beijing from supposed Western bullying. The abrasive style led to the more aggressive envoys being dubbed “wolf warriors,” after a blockbuster movie in which Chinese commandos vanquish American mercenaries. But driving the trend are Trump and his aides, who can go toe-to-toe with anyone when it comes to put-downs, slurs or retaliation. And if met with pushback, they simply escalate. Hence the avuncular counsel of U.S. Treasury Secretary Scott Bessent to Europeans on the Greenland-related tariff threats last week: “Sit back, take a deep breath, do not retaliate.” But here’s the curious thing: While the Russians and Chinese use such language to target their foes, Trump and his senior aides reserve much of their invective for supposed allies, namely Europe with Canada thrown in for good measure. And they’re utterly relentless in doing so — far more than during his first term, when there were still some more traditionally minded folks in the White House to temper or walk back the rhetoric. This all seemed to reach its pinnacle in Davos last week, where it seemed belittling European allies was part of virtually everything the U.S. delegation said in the Swiss ski resort. Bessent couldn’t even restrain himself from insulting Swiss-German fare. And U.S. Commerce Secretary Howard Lutnik appeared almost gleeful in infuriating Europe’s leaders with his combative remarks at a VIP dinner which, according to the Financial Times, not only sparked uproar but prompted European Central Bank President Christine Lagarde to leave the event early. “Only one person booed, and it was Al Gore,” said the U.S. Commerce Department in a statement to media. But others at the event — around 200 people — said there was, indeed, some heckling, though not so much because of the content of Lutnik’s criticism, some of which Europeans have also made about net zero, energy policy, globalization and regulation. According to two attendees, who asked to be granted anonymity to speak freely, it was in reaction to the contemptuous tone instead. Likewise, Trump’s delegation — the largest ever brought from Washington to Davos — didn’t miss a beat in pressing America First themes, making it clear the U.S. would prioritize its own economic interests regardless of how it affects allies. “When America shines, the world shines,” Lutnik said. China, too, has been noticeably more menacing in its diplomatic speech in recent years — though it tends to eschew personal invective. | Pool photo by Vincent Thian/EPA As the forum unfolded, however, U.S. Vice President JD Vance insisted that what was fueling such criticism wasn’t hatred for the old continent, but that it was more a matter of tough love. “They think that we hate Europe. We don’t. We love Europe,” he said. “We love European civilization. We want it to preserve itself.” That in itself seems pretty condescending. Tough love or not, Europe-bashing plays well with the MAGA crowd back home who feel Europeans are the haughty ones, lacking gratitude, freeloading and in dire need of subordination — and squeals of complaint merely incite more of the same. To that end, Zelenskyy made a telling a point: European leaders shouldn’t waste their time trying to change Trump but rather focus on themselves. Time to stop complaining about America First and get on with putting Europe First.
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Wie Merz und die Koalition Deutschland sicher machen wollen
Union und SPD treffen sich erstmals in diesem Jahr im Koalitionsausschuss mit Fokus auf Wettbewerbsfähigkeit, Resilienz der Demokratie und den Schutz kritischer Infrastruktur. Nach dem Brandanschlag auf das Berliner Stromnetz einigt sich die Koalition auf das zwischenzeitlich in den Innenausschuss verwiesene Kritis-Dachgesetz. Es soll das Land besser schützen. Was drin steht, bespricht Gordon mit Jasper Bennink von POLITICO “Industrie und Handel am Morgen”.  Im 200-Sekunden-Interview erklärt Alexander Throm, innenpolitischer Sprecher der Unionsfraktion, warum bei der Infrastruktur die Sicherheit künftig Vorrang vor Transparenz haben soll.  Dazu geht es nach Sachsen-Anhalt: Sven Schulze soll zum neuen CDU-Ministerpräsidenten gewählt werden. Mit knapper Mehrheit. Rasmus Buchsteiner ordnet die Lage vor Ort ein. Zum Abschluss: Eindrücke vom Wirtschaftsgipfel der WELT im Axel-Springer-Haus. Zwischen Reformdruck, neuer politischer Tonlage und der Frage, wie stark KI Politik und Wirtschaft beschleunigt. Das Berlin Playbook als Podcast gibt es jeden Morgen ab 5 Uhr. Gordon Repinski und das POLITICO-Team liefern Politik zum Hören – kompakt, international, hintergründig. Für alle Hauptstadt-Profis: Der Berlin Playbook-Newsletter bietet jeden Morgen die wichtigsten Themen und Einordnungen. Jetzt kostenlos abonnieren. Mehr von Host und POLITICO Executive Editor Gordon Repinski:Instagram: @gordon.repinski | X: @GordonRepinski. POLITICO Deutschland – ein Angebot der Axel Springer Deutschland GmbH Axel-Springer-Straße 65, 10888 Berlin Tel: +49 (30) 2591 0 information@axelspringer.de Sitz: Amtsgericht Berlin-Charlottenburg, HRB 196159 B USt-IdNr: DE 214 852 390 Geschäftsführer: Carolin Hulshoff Pol, Mathias Sanchez Luna
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Manic day in Davos, Brussels and Moscow — live updates
European leaders descend on Brussels this evening for a crunch summit with the transatlantic relationship top of their agenda. U.S. President Donald Trump backed down Wednesday from his most belligerent threats about seizing Greenland from Denmark, but that hasn’t assuaged European concerns about America’s posture toward Europe. It’s another busy day in Davos too, with German Chancellor Friedrich Merz speaking and Trump potentially set to meet Ukrainian President Volodymyr Zelenskyy. And if that wasn’t enough, Trump’s everything envoy Steve Witkoff is headed to the Kremlin for talks with Russian President Vladimir Putin. Whew. Strap in.
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Fears grow over Europe’s soaring dependence on US gas imports
BRUSSELS — The European Union is on track to get nearly half its gas from the United States by the end of the decade, creating a major strategic vulnerability for the bloc as relations with Washington hit an all-time low. New data shared with POLITICO shows Europe is already importing a quarter of its gas from the U.S., a figure that is set to soar as the bloc’s total ban on Russian gas imports is phased in. It comes as an increasingly belligerent U.S. President Donald Trump flirts with seizing Greenland, a territory of Denmark, in a move that could destroy the NATO alliance and throw transatlantic relations into crisis. Tensions escalated over the weekend when Trump announced he would put new tariffs on European countries including France, Denmark, Germany and the U.K. until a deal to sell Greenland to the U.S. was reached, prompting calls for the EU to retaliate with drastic trade restrictions of its own. The EU’s growing reliance on imports of U.S. liquefied natural gas “has created a potentially high-risk new geopolitical dependency,” said Ana Maria Jaller-Makarewicz, lead energy analyst at the the Institute for Energy Economics and Financial Analysis, the think tank that produced the research. “An over-reliance on U.S. gas contradicts the [EU policy] of enhancing EU energy security through diversification, demand reduction and boosting renewables supply,” she said. Alarm over this strategic weak spot is also growing among member countries, with some EU diplomats fretting that the Trump administration could exploit the new dependency to achieve its foreign policy goals. While “there are other sources of gas in the world” beyond the U.S., the risk of Trump cutting off supplies to Europe in the wake of an incursion in Greenland “should be taken into account,” one senior EU diplomat told POLITICO, who like others in this article spoke on condition of anonymity. But “hopefully we’ll not get there,” the official added. After Russia invaded Ukraine in 2022, the EU went to drastic lengths to wean itself off Russian natural gas, which in 2021 made up 50 percent of its total imports but now accounts for only 12 percent, according to data from Bruegel, a Brussels-based economic think tank. It accomplished this largely by switching imports of pipeline gas from Russia with liquefied natural gas shipped from the U.S., which at the time was a firm ally. The U.S. is already the biggest exporter of LNG, and its product now accounts for around 27 percent of EU gas imports, up from 5 percent in 2021. France, Spain, Italy, the Netherlands and Belgium are the largest importers; non-EU member the U.K. is also a major importer of U.S. LNG. A raft of new deals with U.S. energy companies could raise that figure to as high as 40 percent of the EU’s total gas intake by 2030, and to around 80 percent of overall LNG imports into the bloc, according to data from IEEFA, a U.S. nonprofit that promotes clean energy. CHANGES AFOOT Despite efforts to switch away from fossil fuels, Europe still relies on carbon-emitting natural gas for a quarter of its total energy needs. Gas is used to generate electricity, heat buildings and power industry. European consumers and manufacturers already face some of the highest energy costs in the world, `making it hard for the EU to refuse cheaper gas from the U.S. despite Washington’s threatening language. An LNG tanker unloads Egyptian liquefied natural gas at the Revithoussa terminal near Athens. | Nicolas Koutsokostas/NurPhoto via Getty Images EU countries have already committed to diversifying their gas imports under new laws passed last year, but officials warn this will be difficult to achieve in the short term, given that the global supply of LNG is limited to just a few countries. They’re pinning their hopes on new production in Qatar and the United Arab Emirates, expected in 2030. On top of the future energy deals — including a commitment to buy €750 billion of U.S. energy products as part of last year’s trade agreement — the EU is set to pave new inroads for U.S. gas under a sweeping overhaul of Europe’s energy infrastructure. For instance, the EU has restated its commitment to two major gas pipelines that will connect Malta and Cyprus to mainland Europe, which could facilitate still more flows of American gas. The U.S. is also looking to build a pipeline linking Bosnia to EU-member Croatia. ‘NO ALTERNATIVE‘ To some, the EU’s growing dependence on U.S. gas highlights that it should hasten its transition to renewables as a replacement for fossil fuels. Thomas Pellerin-Carlin, a Socialist EU lawmaker, said demand for natural gas has fallen sharply across the bloc as the green transition picks up, even if demand for U.S. LNG is increasing as an overall proportion of intake. “If we have the courage to keep calm and carry on making profitable investments in efficiency and renewables, we will reduce EU gas demand so much that we will reduce our dependence on U.S. LNG, even as we fully phase out Russian gas,” Pellerin-Carlin told POLITICO. The lawmaker also argued that Trump was unlikely to weaponize LNG supply to the EU as Russian President Vladimir Putin had done, since it would severely damage the interests of key Trump donors in the U.S. LNG industry, who are desperate to find new buyers to absorb soaring supply of the fossil fuel. The issue of U.S. LNG dependence is addressed by a broader EU commitment to energy diversification that was baked into a wider ban on Russian gas set to take effect this year, according to diplomats familiar with the matter. The official line, however, is that the U.S. remains a “strategic ally and supplier,” one of the diplomats said. “The dependence is certainly there, but we’re kind of stuck where we are,” said one European government official. “There’s really no alternative.”
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The united West is dead
Mark Leonard is the director and co-founder of the European Council on Foreign Relations (ECFR) and author of “Surviving Chaos: Geopolitics when the Rules Fail” (Polity Press April 2026). The international liberal order is ending. In fact, it may already be dead. White House Deputy Chief of Staff Stephen Miller said as much last week as he gloated over the U.S. intervention in Venezuela and the capture of dictator Nicolás Maduro: “We live in a world … that is governed by strength, that is governed by force, that is governed by power … These are the iron laws of the world.” But America’s 47th president is equally responsible for another death — that of the united West. And while Europe’s leaders have fallen over themselves to sugarcoat U.S. President Donald Trump’s illegal military operation in Venezuela and ignore his brazen demands on Greenland, Europeans themselves have already realized Washington is more foe than friend. This is one of the key findings of a poll conducted in November 2025 by my colleagues at the European Council on Foreign Relations and Oxford University’s Europe in a Changing World research project, based on interviews with 26,000 individuals in 21 countries. Only one in six respondents considered the U.S. to be an ally, while a sobering one in five viewed it as a rival or adversary. In Germany, France and Spain that number approaches 30 percent, and in Switzerland — which Trump singled out for higher tariffs — it’s as high as 39 percent. This decline in support for the U.S. has been precipitous across the continent. But as power shifts around the globe, perceptions of Europe have also started to change. With Trump pursuing an America First foreign policy, which often leaves Europe out in the cold, other countries are now viewing the EU as a sovereign geopolitical actor in its own right. This shift has been most dramatic in Russia, where voters have grown less hostile toward the U.S. Two years ago, 64 percent of Russians viewed the U.S. as an adversary, whereas today that number sits at 37 percent. Instead, they have turned their ire toward Europe, which 72 percent now consider either an advisory or a rival — up from 69 percent a year ago. Meanwhile, Washington’s policy shift toward Russia has also meant a shift in its Ukraine policy. And as a result, Ukrainians, who once saw the U.S. as their greatest ally, are now looking to Europe for protection. They’re distinguishing between U.S. and European policy, and nearly two-thirds expect their country’s relations with the EU to get stronger, while only one-third say the same about the U.S. Even beyond Europe, however, the single biggest long-term impact of Trump’s first year in office is how he has driven people away from the U.S. and closer to China, with Beijing’s influence expected to grow across the board. From South Africa and Brazil to Turkey, majorities expect their country’s relationship with China to deepen over the next five years. And in these countries, more respondents see Beijing as an ally than Washington. More specifically, in South Africa and India — two countries that have found themselves in Trump’s crosshairs recently — the change from a year ago is remarkable. At the end of 2024, a whopping 84 percent of Indians considered Trump’s victory to be a good thing for their country; now only 53 percent do. Of course, this poll was conducted before Trump’s intervention in Venezuela and before his remarks about taking over Greenland. But with even the closest of allies now worried about falling victim to a predatory U.S., these trends — of countries pulling away from the U.S. and toward China, and a Europe isolated from its transatlantic partner — are likely to accelerate. Meanwhile, Washington’s policy shift toward Russia has also meant a shift in its Ukraine policy. And as a result, Ukrainians, who once saw the U.S. as their greatest ally, are now looking to Europe for protection. | Joe Raedle/Getty Images All the while, confronted with Trumpian aggression but constrained by their own lack of agency, European leaders are stuck dealing with an Atlantic-sized chasm between their private reactions and what they allow themselves to say in public. The good news from our poll is that despite the reticence of their leaders, Europeans are both aware of the state of the world and in favor of a lot of what needs to be done to improve the continent’s position. As we have seen, they harbor no illusions about the U.S. under Trump. They realize they’re living in an increasingly dangerous, multipolar world. And majorities support boosting defense spending, reintroducing mandatory conscription, and even entertaining the prospect of a European nuclear deterrent. The rules-based order is giving way to a world of spheres of influence, where might makes right and the West is split from within. In such a world, you are either a pole with your own sphere of influence or a bystander in someone else’s. European leaders should heed their voters and ensure the continent belongs in the first category — not the second.
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Moldova’s Sandu says she would vote for reunification with Romania
Moldovan President Maia Sandu said she would vote to reunify with Romania if the issue ever goes to a referendum, saying it was becoming harder for her country to “survive” on its own.  With a population of about 2.4 million people sandwiched between Romania and Ukraine, Moldova has become a target for Russian hybrid warfare, including disinformation and election manipulation.   “If we have a referendum, I would vote for the unification with Romania,” Sandu, who leads the pro-European government in Chișinău, told British podcast The Rest is Politics. “Look at what’s happening around Moldova today. Look at what’s happening in the world,” she explained. “It is getting more and more difficult for a small country like Moldova to survive as a democracy, as a sovereign country, and of course to resist Russia.”  Moldova was part of Romania from 1918 until 1940, when it was annexed by the USSR, before declaring independence in 1991 after the fall of the Iron Curtain. At a referendum in 2024, a narrow majority of Moldovans — 50.4 percent — voted in favor of EU membership in a vote marred by Russian interference. Sandu won reelection as president in a parallel vote with around 55 percent of the vote, defeating her pro-Russian opponent.  Despite voicing her personal support, Sandu added that she accepted the idea of reunification with Romania was not supported by a majority in Moldova — unlike joining the EU, which the country applied to do in 2022, and which she called a “more realistic objective.”  Polls show around two-thirds of Moldovans oppose reunification, while support is traditionally higher in Romania. 
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Companies should do right by their home countries — and stay alert
Elisabeth Braw is a senior fellow at the Atlantic Council, the author of the award-winning “Goodbye Globalization” and a regular columnist for POLITICO. It was hardly the kind of peace and cheer one hopes to see leading up to Christmas. But on Dec. 7, the second Sunday of Advent, a collection of telecoms masts in Sweden were the site of a strange scene, as a foreign citizen turned up and began taking photographs. The case became widely known two days later, when the CEO of Teracom, a state-owned Swedish telecom and data services provider, posted an unusual update on LinkedIn: Company employees and contracted security had helped detain a foreign citizen, CEO Johan Petersson reported. They had spotted the foreigner taking pictures of a group of Teracom masts, which are sensitive installations clearly marked with “no trespassing” signs. After being alerted by the employees, police had arrested the intruder. “Fast, resolute and completely in line with the operative capabilities required to protect Sweden’s critical infrastructure,” Petersson wrote. But his post didn’t end there: “Teracom continually experiences similar events,” he noted. “We don’t just deliver robust nets — we take full responsibility for keeping them secure and accessible around the clock. This is total defense in practice.” That’s a lot of troubling news in one message: a foreign citizen intruding into an area closed to the public to take photos of crucial communications masts, and the fact that this isn’t a unique occurrence. Indeed, earlier this year, Swedish authorities announced they had discovered a string of some 30 cases of sabotage against telecoms and data masts in the country. How many more potential saboteurs haven’t been caught? It’s a frightening question and, naturally, one we don’t have an answer to. It’s not just communications masts that are being targeted. In the past couple years, there have been fires set in shopping malls and warehouses in big cities. There have been suspicious drone sightings near defense manufacturing sites and, infamously, airports. Between January and Nov. 19 of this year, there were more than 1,072 incidents involving 1,955 drones in Europe, and as a group of German journalism students have established, some of those drones were launched from Russian-linked ships. And of course, there has been suspicious damage to undersea cables and pipelines in the Baltic Sea and off the coast of Taiwan. I’ve written before in this publication that Russia’s goal with such subversive operations may be to bleed our companies dry, and that China seems to be pursuing the same objective vis-à-vis certain countries. But when it comes to critical national infrastructure — in which I could include institutions like supermarkets — we need them to work no matter what. Imagine going a day or two or three without being able to buy food, and you’ll see what I mean. The upside to Teracom’s most recent scare was that the company was prepared and ultimately lost no money. Because its staff and security guards were alert, the company prevented any damage to their masts and operations. In fact, with the perpetrator arrested — whether prosecutors will decide to charge him remains to be seen — Teracom’s staff may well have averted possible damage to other businesses too. Moving forward, companies would do well to train their staff to be similarly alert when it comes to saboteurs and reconnaissance operators in different guises. We can’t know exactly what kind of subversive activities will be directed against our societies, but companies can teach their employees what to look for. If someone suddenly starts taking pictures of something only a saboteur would be interested in, that’s a red flag. Indeed, boards could also start requiring company staff to become more vigilant. If alertness can make the difference between relatively smooth sailing and considerable losses — or intense tangling with insurers — in these geopolitically turbulent times, few boards would ignore it. And being able to demonstrate such preparedness is something companies could highlight in speeches, media interviews and, naturally, their annual reports. Insurers, in turn, could start requiring such training for these very reasons. After serious cyberattacks first took off, insurers paid out on their policies for a long time, until they realized they should start obliging the organizations they insure to demonstrate serious protections in order to qualify for insurance. Insurers may soon decide to introduce such conditions for coverage of physical attacks too. Even without pressure from boards or insurers, considering the risk of sabotage directed at companies, it would be positively negligent not to train one’s staff accordingly. Meanwhile, some governments have understandably introduced resilience requirements for companies that operate crucial national infrastructure. Under Finland’s CER Act, for instance, “critical entities must carry out a risk assessment, draw up a resilience plan and take any necessary measures.” The social contract in liberal democracies is that we willingly give up some of our power to those we elect to govern us. These representatives are ultimately in charge of the state apparatus, and in exchange, we pay taxes and obey the law. But that social contract doesn’t completely absolve us from our responsibility toward the greater good. That’s why an increasing number of European countries are obliging 19-year-olds to do military service. When crises approach, we all still have a part to play. Helping spot incidents and alerting the authorities is everyone’s responsibility. Because the current geopolitical turbulence has followed such a long period of harmony, it’s hard to crank up the gears of societal responsibility again. And truthfully, in some countries, those gears never worked particularly well to begin with. But for companies, however, stepping up to the plate isn’t just a matter of doing the right thing — it’s a matter of helping themselves. Back in the day, the saying went that what was good for Volvo was good for Sweden, and what was good for General Motors was good for the U.S. Today, when companies do the right thing for their home countries, they similarly benefit too. Now, let’s get those alertness courses going.
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Putin calls European leaders ‘little pigs’
Vladimir Putin called European leaders “little pigs” who wanted to profit from the collapse of Russia. Speaking at an annual meeting with the Defense Ministry, the Russian president blamed former U.S. President Joe Biden for “consciously” unleashing the war in Ukraine and said that the “European little pigs” immediately backed the Americans. Europe wanted to get back “something they’ve lost in previous historic periods and to take revenge” on Russia, Putin said, adding that these plans have “completely failed.” “Russia has demonstrated its steadiness in the economy, finance, in the internal political situation of the society … and in the sphere of defense capacity,” Putin said. Putin also said that Russia is ready for dialogue with Europe, but that won’t be possible with the current crop of European politicians. He praised the Russian military, saying that “no one in the world” has an army as good as Russia’s and that it is now “war experienced.” According to Russian media, former Russian President Dmitriy Medvedev — now head of Putin’s Security Council — used the words “little pigs” to desribe Western leaders on his Telegram channel back in 2022.
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Europe’s leaders increase the pressure ahead of crucial EU summit
BRUSSELS — A deal on providing cash to fund Ukraine’s war effort must be struck at a summit of EU leaders this week. That was the message from both Italy’s Giorgia Meloni and the European Commission’s Ursula von der Leyen hours before the crucial summit starts in Brussels. Both leaders made clear that no decision had been taken on whether to use frozen Russian assets to help Ukraine. Addressing the Italian parliament in Rome, Meloni admitted that finding a “sustainable solution” to funding Ukraine’s war effort “will be anything but simple.” Thursday’s summit is crucial for Europe and for Ukraine, and the most pressing, unresolved issue is whether to grant Ukraine access to frozen Russian assets to bankroll its war efforts. Belgium, where the majority of those assets are held, is holding out against using them, fearing it would be on the hook to repay the full amount if Russia attempted to claw back the money. Other countries, Italy included, have also expressed doubts about using the frozen Russian assets. Meloni made it clear Wednesday that Italy has not made a decision on whether to support the use of frozen assets. Italy had “decided not to withhold its support for the regulation establishing the immobilization of Russian assets — though I want to underline clearly that we have not yet endorsed any decision on how to use them,” she said. “We did so despite not agreeing with the method used, to avoid any doubt about Italy’s consistent line of support for Ukraine.” Meloni made it clear that “decisions of such legal, financial and institutional magnitude — including any potential use of frozen assets — must be taken by leaders.” “We believe that if this path [using the frozen Russian assets] is taken, it would be shortsighted to focus attention on a single entity holding frozen Russian sovereign assets — namely Euroclear [which is based in Belgium] — when other partner nations also have immobilized assets in their financial systems.” The Italian prime minister also said she intended to “request clarity on the possible risks linked to the proposal to use the liquidity generated by the immobilization of assets — particularly reputational risks, risks of retaliation, or risks of imposing new burdens on national budgets.” Meloni was not the only leader casting doubt over whether a deal could be struck, or if another way forward would be necessary. Speaking two hours earlier before the European Parliament in Strasbourg, von der Leyen said she had “proposed two different options for this upcoming European Council. One based on assets and one based on EU borrowing. And we will have to decide which way we want to take, which route we want to take.” “But one thing is very, very clear. We have to take the decision to fund Ukraine for the next two years in this European Council.” Stressing the need for stronger European defense capabilities, von der Leyen added, “Europe must be responsible for its own security. This is no longer an option. This is a must. We need to be ready.” “There is no more important act of European defense than supporting Ukraine’s defense. The next days will be a crucial step for securing this,” von der Leyen said.
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Trump is ‘frustrated’ with irrational Putin, says Farage
LONDON — Donald Trump is “frustrated” with Vladimir Putin’s irrational approach to peace talks aimed at ending the war in Ukraine, according to Nigel Farage, the British politician who is closest to the U.S. president.  Farage said Trump was doing his best to secure a fair deal for Ukraine, adding that the current proposals for limits to the size of the Ukrainian armed forces and ceding territory to Russia were not acceptable.  “Putin proves with every week that goes by that he’s not rational, that he doesn’t want a just settlement, and frankly he is an incredibly dangerous man,” Farage told reporters on Thursday.  In response to a question from POLITICO, Farage said Ukraine had been offered a bad deal under which it would be forced to accept limits to the size of its military that would usually apply only to a country that had signed an “unconditional surrender.”  Ukrainian President Volodymyr Zelenskyy’s position is in doubt amid a corruption scandal, Farage said. But Kyiv could not “give up territory they’ve lost tens of thousands of lives defending,” he said. “So the deal as it is at the moment doesn’t work and can’t stand.”  Farage emphasized that his comment was not a criticism of Trump’s efforts to broker a truce, adding that the U.S. president was “a peacemaker” who was doing his best to secure a fair deal. “I admire him hugely for it and I know how frustrated he’s been by Putin’s lack of rationality,” Farage said.  Farage’s assessment offers a boost to Ukraine and its allies who have worried that Trump might force an unbalanced settlement that favors Russia on Kyiv. The Reform UK leader’s remarks carry weight as he counts Trump as a “friend” and is in regular contact with the president. This week, Trump sent his son in law Jared Kushner and peace envoy Steve Witkoff for five hours of direct talks with Putin. But the Russian leader dismissed the proposals, which had been adjusted in light of input from Ukraine and its European allies. Trump said this week that the path to peace was still unclear.
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