Geoplitics: UK Starmer: Future of Ukraine is and existential issue for Europeeop

, Or about Europe without euro UK PM Starmer:

• Future of Ukraine is an existential issue for Europe
• It is pressing that they now share the burden.
• Europe must play its role
• There must be a US backstop

He concludes by saying it is the only way to deter Russia.

Meanwhlle Danish PM says:

• We must ramp up military preparedness
• Must avoid spread of Ukraine war to more countries
• When asked about troop deployments in Ukraine, says we are open to discussing many things that still need to be clarified
• I see no signs that the Russians want peace.
• Need discussion in EU about fiscal rules..
• This was an informal meeting not for decision-making.
• Russia is threatening all of Europe now, unfortunately
• A fast cease-fire can give Russia the chance to mobilize again and attack Ukraine or another country in Europe

Polish PM Tusk says

• All participants in meeting on Ukraine at similar opinions to Poland on key issues.
• Realize that transatlantic relations are in a new stage.
• European partners realize time is come for greater European defense capabilities and spending.
• Spending on defense will not be considered in excessive deficit procedure
• Europe and US should collaborate closely.
• There should be no discussions about Ukraine without Ukraine, or about Europe without Europe.
• There are billions of euros in EU that can be mobilized for defense.

The comment that it is time to “realize that transatlantic relations are in a new stage” is key change in mindset.

How does the EU want to address it?

Do they want Trump to say to Ukraine, you owe us $500B, or Russia can do what it wants? Or is there a grander plan that is devised, that satisfies Trump, takes back control of the EU, has EU take responsibility with the so-called backstop of the US to either bring Russia in line voluntarily or involuntarily by threat?

I don’t how that looks but the wheels are in motion.

This article was written by Greg Michalowski at www.forexlive.com.