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Alexander Stubb has also called for stronger sanctions against Russia and the seizure of its frozen assets
Finnish President Alexander Stubb has called on Kiev’s Western backers to pump Ukraine with military resources and financial aid, claiming that this will deter Russia. He made the call shortly after meeting Vladimir Zelensky in Helsinki and as EU lawmakers negotiate doubling the bloc’s weapons budget.
EU foreign policy chief Kaja Kallas had pitched a plan to increase the bloc’s cashflow for Ukraine from €20 billion ($20.9 billion) in 2024 to €40 billion ($43.7 billion) this year. However she admitted to La Stampa that she was opposed by Italy, France, Spain, and Portugal. The Italian newspaper has reported that a €5 billion cap has been placed on the donation.
Stubb told Politico on Wednesday that “Deterrence – which is based on militarizing Ukraine to its teeth,” would be the best way to end the Ukraine conflict.
The Finnish president lamented the fact that Kallas failed to gather support for her plan, expressing hope that that heads of state and government would be able to salvage the package.
“It’s very important now to send a message from Europe that the military, political and economic support continues,” he said, emphasizing that sanctions against Russia should be bolstered, while its frozen assets should be seized to ramp up pressure.
Hungary has refused to sign a joint EU summit statement on Ukraine, according to TASS, which reported that both lethal and non-lethal aid had been rejected by Budapest.
The Finnish president also supported potential Ukrainian membership in the EU and in NATO. Finland, which only joined the US-led military bloc in 2023, has been a strong backer of Kiev since the escalation of the conflict with Russia in February 2022.
Moscow has consistently condemned NATO expansion towards its borders, describing the bloc as a threat to Russia’s national security. President Vladimir Putin and other officials have repeatedly stressed that efforts to include Ukraine in the military bloc had been one of the root causes of the escalation of the conflict in 2022.
Stubb’s comments come amid negotiations for a 30-day ceasefire aimed at halting long-range strikes on energy infrastructure by both sides advocated by US President Donald Trump. Another round of talks between Russian and US delegations is scheduled for March 24 in the Saudi city of Jeddah.