Month: February 2025

From Munich to Riyadh: More Than Just the Ukraine Test For E.U.

By Nina Bachkatov

A week of geopolitical upheaval has dramatically altered how Ukraine and its allies intended to mark the third anniversary of Russia’s full-scale invasion. The catalyst was former President Donald Trump’s blunt revelation that he had spoken for 90 minutes with Russian President Vladimir Putin—an announcement that came as a complete surprise to both Ukraine and the European Union, who were only informed after the fact. Trump’s message was unambiguous: Ukraine will not join NATO; the United States will not deploy troops but supports European nations doing so; Russia will retain control over occupied territories; and American assistance to Ukraine will be dictated by U.S. financial interests. Moreover, Washington and Moscow would hold further talks in Saudi Arabia.

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Russian energy back on the EU agenda

By Nina Bachkatov

Everything appeared to be proceeding according to a well-scripted agenda, unfolding through months of indecision, bravado, and uncertainty. The war in Ukraine remained challenging on the front line, yet political and financial support remained unwavering. Few had taken seriously President Trump’s electoral promise to resolve the conflict within 24 hours by presenting President Putin with a deal he could not refuse. The EU was on course to adopt a 16th package of sanctions, bolstered by indications that the Russian economy and budget were facing increasing difficulties in balancing the cost of the war.

Although the package also reflects a lack of creative political alternatives, Brussels remains firmly committed to sanctions, particularly in the energy sector, adhering to its decision to eliminate Russian fossil fuels by 2027. On 4 February, undeterred by Kyiv’s military setbacks and galvanised by the need to respond to President Trump’s geopolitical pronouncements, European Commission President Ursula von der Leyen delivered her equivalent of an inaugural speech. The content had been previewed a week earlier at the EU Ambassadors’ Conference. Her “Competitive Compass” is not significantly different from other “roadmaps” the EU is fond of producing. However, one of its four “concrete measures” to stimulate the continent’s economy over the next five years specifically addresses lowering energy costs.

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