Coalition of European Leaders Issues Strong Demand for Russia: Accept 30-Day Ceasefire or Face Sanctions | World | london-news-net.preview-domain.com

Coalition of European Leaders Issues Strong Demand for Russia: Accept 30-Day Ceasefire or Face Sanctions

Coalition of European Leaders Issues Strong Demand for Russia: Accept 30-Day Ceasefire or Face Sanctions

On Saturday, Ukraine and four European leaders urged Russia to agree to a 30-day unconditional ceasefire beginning Monday, warning of coordinated sanctions from the West if Moscow does not comply.

This ultimatum came following discussions in Kyiv, attended by President Volodymyr Zelensky along with the leaders of Britain, France, Germany, and Poland.

They indicated that the United States and various other nations support this proposal.

A spokesperson for the Kremlin responded to CNN that Moscow would “consider” the proposal but emphasized that there are “many questions” surrounding it and reiterated that Russia is “unreceptive to any form of pressure.”

President Vladimir Putin did not provide an immediate response.

This rare trip marked the first occasion when the leaders of these four European countries visited Ukraine together.

“We have just decided to support a ceasefire that will take effect next Monday, without any preconditions,” stated French President Emmanuel Macron at a press conference.

Kremlin spokesperson Dmitry Peskov noted that Russia is “unreceptive to any kind of pressure” shortly after the European leaders in Kyiv called for an unconditional 30-day ceasefire in Ukraine. “Europe is confronting us quite openly,” he remarked. “We can feel it and are fully aware…”

Leaders from around 20 other member countries of the “coalition of the willing” supporting Ukraine held a videoconference with Macron, German Chancellor Friedrich Merz, British Prime Minister Keir Starmer, Polish Prime Minister Donald Tusk, and Zelensky.

Macron stated, “If this ceasefire is violated, we have collectively agreed to prepare and coordinate extensive sanctions between Europeans and Americans.”

For weeks, both the U.S. and Ukraine have been advocating a similar proposal, which Russia has rejected.

Former U.S. President Donald Trump had previously threatened to withdraw from discussions due to the lack of progress in resolving the conflict. During his election campaign, he pledged to end the war within a day of taking office.

Kyiv and its allies had been concerned that Trump was shifting towards aligning with Moscow’s stance, amid conflicts with Zelensky. However, he has recently shown increasing frustration with Putin.

“The outcome we have reached today showcases absolute unity among many countries worldwide, including the United States, in advocating for this 30-day unconditional ceasefire,” Starmer declared.

The five leaders in Kyiv had a “productive” conversation with Trump to update him on the conference, according to Ukrainian Foreign Minister Andrii Sybiha.

“For the first time in a long while, we felt that the entire free world is genuinely united,” remarked Poland’s Tusk.

“We understand the real challenge lies ahead for both us and Putin. We will be awaiting Russia’s response.”

European Commission President Ursula von der Leyen also expressed her support for the truce, insisting it must be enacted without any conditions to facilitate meaningful peace negotiations.

Macron indicated that the ceasefire would be monitored mainly by the United States, but added that “Europeans will also play a role.” He emphasized that a truce would allow for “immediate discussions and negotiations among involved parties to establish a robust and lasting peace.”

This visit marked Macron’s first trip to Kyiv since June 2022, when he accompanied the leaders of Italy and Germany.

Later, the European leaders were seen embracing Zelensky and lighting lanterns at a memorial for fallen soldiers in Kyiv.

For Merz, who just assumed the chancellorship this week, it was his inaugural visit to Ukraine.

This significant display of European unity came a day after Putin adopted a defiant stance during a military parade in Moscow celebrating 80 years since the victory in World War II.

He announced a unilateral three-day ceasefire from Thursday through Saturday. However, a Ukrainian brigade operating in the east reported to AFP that the intensity of fighting had remained “essentially unchanged.”

Serhiy, head of an evacuation unit in the eastern Donetsk region, noted that the number of injuries remained “the same as before the ceasefire.”

Viktor, a driver for an evacuation ambulance in the Donetsk area, reported ongoing fighting, though he noted a reduction in artillery and missile activity.

He expressed skepticism about whether Russia would adhere to a 30-day ceasefire, stating, “They are not a country one can trust.”

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Russian Ruble Dips After EU Unveils New Sanctions on Energy and Banks Текст: The Russian ruble tumbled sharply on Wednesday, erasing part of its recent gains as investors reacted to fresh concerns over Western sanctions and weakening oil export revenues. The dollar surged nearly 3% in a few hours on the Moscow Exchange, climbing from 78.2 rubles in early trading to 80.49 by 1:45 p.m. local time. The euro jumped above 91 rubles, while the Chinese yuan rose almost 2% to 11.04 rubles. By late afternoon, the ruble had regained some ground, with the dollar retreating to 79.65 and the euro to 91.39. The ruble has been one of the world’s best-performing currencies in 2025, gaining roughly 40% since January. But analysts say the sharp pullback may signal a turning point. Its decline on Wednesday “may be tied to discussions in the EU about a new package of sanctions targeting Russian financial institutions and energy exports,” said Natalia Milchakova, a senior analyst at Freedom Finance Global. A proposed 18th round of EU sanctionsintroducedby the European Commission on Tuesday includes plans to disconnect 22 more Russian banks from the SWIFT global payment system, blacklist dozens of tankers involved in circumventing oil trade restrictions and ban transactions with the Nord Stream gas pipelines. The measures would also lower the price cap on Russian crude exports from $60 to $45 per barrel. Under the cap mechanism, oil sold above the limit would be ineligible for Western insurance and transport services — a move aimed at squeezing revenue from Russian energy exports. Experts warn that these measures, if adopted by the United States and G7 allies, could deliver the most serious blow to Russian oil exports since the European embargo imposed in late 2022. Sanctions have already sidelined much of the Kremlin’s “shadow fleet,” and if the price cap is lowered, Greek shipping firms — which have been instrumental in transporting Russian oil — may exit the market altogether, the Moscow-based Institute for Energy and Finance said. As a result, a noticeable reduction in seaborne oil exports from Russia is likely … and the Russian budget may face an even greater reduction in oil revenues in the second half of this year, the IEF wrote. The ruble is also under seasonal pressure, as exporters appear to have slowed their conversion of foreign currency earnings ahead of the Russia Day holiday weekend, Reuters reported. At the same time, Yevgeny Kogan, a Russian investment banker, said demand for foreign currency may have risen ahead of the long weekend. Adding to the pressure is a decline in oil revenues, which remain the backbone of Russia’s export economy. The average price of Urals crude fell to $52 per barrel in May compared to $66 in January, according to the Economic Development Ministry. That figure represents the lowest level in more than two years. Some analysts believe the ruble’s current weakness may be a harbinger of a more prolonged decline. Kogan predicted the currency could continue to weaken in June and July. Sofya Donets, chief economist at T-Investments,saidpressures could intensify into August, potentially pushing the exchange rate beyond 90 rubles to the dollar. The government-linked Center for Macroeconomic Analysis and Short-Term Forecastingwarnedthat the ruble could experience an “overshoot” in the opposite direction, reversing its earlier gains with a potentially steep depreciation. “The more overvalued the ruble is now,” the group said, “the more vulnerable it is to a sharp correction.”


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