Putin, in calling for new negotiations, is counting on Trump to pause sanctions and pressure Ukraine. This is the sole purpose of the meeting in Alaska, and once again Trump has fallen for the same old bait. While Trump delays new sanctions in the hope of striking a deal with 1/7
dictator Putin, the EU is already working on a new sanctions package that could be introduced as early as September. During the informal meeting of EU foreign ministers in the “Gymnich” format on August 29–30 in Copenhagen—an event traditionally held every six months by the 2/7
presiding EU member state—the 19th package of sanctions against Russia will be discussed at the ministerial level for the first time. This was revealed, under condition of anonymity, by a diplomat from one of the EU member states in Brussels who is familiar with the planned 3/7
agenda. “During the informal Gymnich meeting in Copenhagen at the end of August, the foreign ministers will discuss a new package of sanctions against the Russian Federation,” the diplomat said. He specified that the meeting agenda will include a separate item dedicated to 4/7
“increasing pressure on Russia, in particular through sanctions and countering Russia’s shadow fleet.” “The European Commission, and in particular the European External Action Service, is currently working on the draft of the 19th sanctions package,” the source told. 5/7
The Gymnich meeting is an informal gathering of the foreign ministers of EU member states, held every six months in line with the rotating EU Council presidency since 1974. Ministers hold frank, closed-door discussions without the presence of aides. 6/7
The meeting format takes its name from the first such event, which took place at Gymnich Castle in Germany. 7/7
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Bloomberg reported, citing sources, that Greece and Malta have become the main obstacles to an EU proposal to replace the price cap on Russian oil with a ban on services necessary for transporting fuel. According to the agency’s interlocutors, the two southern European
🧵
countries raised concerns about this step at a meeting of EU ambassadors on Monday, where the latest sanctions package against Russia was presented. They warned that such a shift could affect Europe’s shipping industry and energy prices. Both countries also requested
clarifications regarding proposals to impose sanctions on foreign ports handling Russian oil and to strengthen oversight of ship sellers in order to reduce the number of vessels entering Moscow’s fleet. A representative of the Greek government declined to comment.
The most unpleasant forecasts regarding the Russian economy are beginning to materialize. What analysts cautiously spoke about a year ago is now being discussed openly even by the most pro-government Russian economists: the safety margin is rapidly shrinking. While Putin talks
🧵
about “stability” and “growth,” the reality looks far more prosaic: a country that unleashed a war of aggression against Ukraine is methodically burning through its own financial system. According to estimates by Germany’s BND intelligence service, Russia’s real military spending
reaches around 10% of GDP and nearly half of the federal budget. In fact, actual expenditures are 66% higher than officially declared, due to hidden budget lines, Defense Ministry construction projects, military IT infrastructure, and social payments to servicemen. In simple
According to BND estimates, last year Russia’s military spending may have amounted to almost half of the state budget and around 10% of the country’s GDP. According to the German intelligence service, Russia is spending significantly more on the war and its armed forces
🧵
than it has declared in recent years. Since the start of the war against Ukraine in February 2022, Russia’s defense budget has increased sharply every year. In addition, Russia’s interpretation of “defense spending” differs significantly from the NATO definition, German
intelligence officials note. A comprehensive analysis of budget data conducted by BND shows that Russia’s defense budget in recent years was 66% higher than officially reported. Unaccounted expenditures include, for example, construction projects of the Ministry of Defense,
Ukrainian President Volodymyr Zelensky explained why he sharply criticized Europe at the World Economic Forum in Davos. He made these remarks during a meeting with journalists in Kyiv, according to a correspondent from European Pravda. Zelensky said he had grounds for critical
🧵
statements toward Europe after a lack of funding led to a shortage of air defense missiles, allowing Russia to strike Kyiv’s energy infrastructure. Zelensky did not deny that his speech may have sounded overly harsh from European capitals and explained this by saying that
Ukraine and the rest of Europe live in different information spaces. He also acknowledged that the differences are not only informational but also emotional in how events are perceived. The president explained that his Davos speech was preceded by heavy strikes on energy
Putin is losing the game he himself started. His bet was placed on a return to the world of the 19th and early 20th centuries - a world of empires and spheres of influence, where Europe, America, Africa, and Asia are divided among several “superpowers.” In Putin’s vision of
1/19
the world, there were supposed to be three such powers: the United States, Russia, and China. However, the real transformation of the global order is unfolding in a completely different way. The key failure is Ukraine. At the end of the fourth year of war, Russia has still
2/19
been unable to subjugate it. The army is visibly degrading, human and technological resources are being exhausted, the economy is held together by military spending and gray schemes, and the state increasingly resembles an overextended empire losing its ability to govern
3/19
Within NATO, the possibility of conducting a special joint mission in Greenland is being considered in order to accommodate the interests of US President Donald Trump. This week, the US president once again stated that he wants Greenland. Military intervention is not being 1/8
ruled out. Danish Prime Minister Mette Frederiksen previously said that this would mean the end of the Alliance if the United States were to begin military action against her country. On Thursday morning, the 32 ambassadors of the Alliance gathered for their weekly meeting. 2/8
It took place in a "calm atmosphere." Denmark raised the Greenland issue in a "positive and forward-looking manner," NOS insiders reported. The US ambassador to NATO, Whitaker, also reportedly spoke in a conciliatory tone. As became clear during the meeting, almost all 3/8