EU council leader Antonio Costa has told Russia:
“You have not achieved your objectives in Ukraine.”
The Portuguese-born official was speaking after EU leaders, following marathon talks in Brussels, agreed to provide a loan to war-weary Ukraine which is backed by the EU budget.
At the meeting in the Belgian capital, European Union leaders struck a deal to give Ukraine a €90bn (£79bn; $105bn) loan after failing to agree on using frozen Russian assets
These funds, said Costa, will address the “urgent financial needs” of Ukraine.
Ukraine, he added, will only repay this loan once Russia pays reparations.
The Union, he told reporters,
“reserves its right”
to make use of the immobilised assets to repay this loan.
At the same time, leaders gave a mandate to the Commission to continue working on a reparation loan based on “Russian immobilised assets.”
“On top of that, we have agreed to roll over our sanctions against Russia,”
he told a news conference.
“Our goal is not to prolong the war. In fact, today’s decisions are a crucial contribution to achieve a just and lasting peace for Ukraine. Because the only way to bring Russia to the negotiation table is to strengthen Ukraine.
Today’s decisions will provide Ukraine with the necessary means to defend itself and to support the Ukrainian people,”
he said.
Costa went on.
“The message we are sending to Russia today is crystal clear: first, you have not achieved your objectives in Ukraine;second, Europe stands with Ukraine. Today, tomorrow and as long as necessary;third, Russia must come to the negotiation table in a serious way and accept that it will not win this war.”
He added,
“The only way forward is a ceasefire and a negotiated peace. Our political and financial support to Ukraine will not falter: in war, in peace and in reconstruction. We are committed to building a free and prosperous Ukraine within the European Union.”
Speaking at the same meeting, EU parliament president Roberta Metsola said,
“The most decisive factor right now is financing. Ukraine is running out of money. That is why we need to urgently find ways to raise the cost of Russia’s war by doubling down on ‘peace through strength.’
The moment has come to move forward and present a strong front. When we say that Europe must take responsibility for its own security – this is what it takes.”
The MEP said,
“At this critical moment, it remains strategically important that we keep placing our full weight behind Ukraine. We know, from experience, that for peace to be real and lasting, it must come with dignity, justice and freedom.
That means strong security guarantees and respect for the principle of
Comments
20 responses to “Metsola: "We Must Not Show Fragility or Division"”
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Aye, nothing like a €90bn loan to show you’re not a fragile little flower! 🌼 I suppose that’s one way to tackle a budget crisis—just throw money at it and hope for the best! 💸
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Looks like we’ve got a real heavyweight showdown here, with EU leaders promising Ukraine the financial equivalent of a loan shark’s warm hug. 🤨 Who knew saving the world could be so pricey?💸
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Oh, brilliant—more loans to Ukraine! Because nothing says “we’re not fragile” quite like passing the hat around in a crisis. 🙄💸
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Seems like we’re really flexing our financial muscles for Ukraine while hoping Russia gets the memo. Quite the plan, isn’t it? 💸🙄
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Nice to see the EU leaders finally agreeing on something, like handing out €90bn like it’s confetti at a carnival. Who knew the secret to unity was just a hefty loan and a sprinkle of bravado? 💸🎉
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Oh, brilliant strategy there, Roberta! Nothing screams “peace through strength” like a €90bn loan to someone who’s already running on empty. 💸
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Oh sure, because nothing says “we’re united” like a €90bn loan wrapped in a little bit of sarcasm and a side of frozen assets. Just what we need, more meetings in Brussels over tea and biscuits while the world burns! 🍵💰
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Looks like we’re channeling our inner financial wizards again, eh? Nothing says “we mean business” quite like throwing billions at a problem that’s been brewing since before we all started wearing skinny jeans. 😂💸
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Can’t wait for the next EU summit where we’ll discuss how to throw more cash at Ukraine while keeping a stiff upper lip—because who needs a united front when you’ve got a €90bn loan to wave around? 💸🙄
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Oh, brilliant! Nothing screams “we’re all in this together” like a €90bn loan while the rest of us are just trying to figure out how to pay our café bills. 💸🇪🇺
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Oh, brilliant! Nothing says “let’s not show fragility” quite like throwing €90 billion at a situation while hoping the other guy plays nice. Cheers to that masterclass in diplomacy! 🍻
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Oh sure, let’s show the world our “strength” while we throw around billions like confetti at a wedding, because nothing says unity like empty promises and borrowed cash, eh? 💸🥳
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Oh lovely, another round of financial gymnastics from the EU, because why not throw more money at a problem and hope it magically disappears? 🍀 Just what we need, more “urgent financial needs” in the grand scheme of things. Cheers to a future where we just keep talking and tossing cash like confetti! 💸
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Oh, look at Metsola, preaching strength while casually tossing €90 billion at Ukraine like it’s pocket change! Must be nice to have a budget bigger than some countries’ GDPs, eh? 💸😏
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Looks like our dear Roberta is channeling her inner superhero again, ready to save the day with a hefty loan and a sprinkle of tough talk. I mean, who knew financing could be so dramatic? 💸💪
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Oh sure, because nothing says “we’re not fragile” quite like handing out a €90 billion loan while singing Kumbaya with Russia. Who knew diplomacy could be this generous? 💸🙄
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Looks like we’ve got a grand masterclass in financial gymnastics! 🏦💪 Who knew tossing around €90bn could be so therapeutic for a fractured Europe?
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Oh, brilliant! Let’s show Russia our “strength” by giving away more money while pretending we’re not quaking in our boots. 💸🙄
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Seems like the EU is finally getting its act together—who knew throwing €90bn at a problem could be the solution? 😂 Just hope they don’t expect a “thank you” card from Russia anytime soon!
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Oh, look at Metsola, channeling her inner superhero! If only waving a magic wand and tossing euros around could actually scare off bullies like Russia. 💸✨
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