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EU Plans Extraordinary Summit on Defence, Ukraine on March 6

European Union leaders will meet for an extraordinary summit on March 6 to discuss additional support for Ukraine, European security guarantees and how to pay for European defence needs. The summit comes as the US President has started talks with Russia on ending the war in Ukraine without involving Ukraine or the EU. EU leaders aim to find a solution that complements US efforts while addressing their own defence investment needs.

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The European Union is expected to announce "concrete" measures on boosting defense financing this week, as Europe and the U.S. clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine, amid rising tensions between Russia and Ukraine. European leaders are trying not to alienate President Donald Trump after he criticized Ukrainian President Zelenskyy for "gambling" over a potential World War III.

European leaders agree to work on a ceasefire plan to present to the United States, British Prime Minister Keir Starmer said Sunday. British Prime Minister Keir Starmer told leaders gathered Sunday for a summit on the war in Ukraine that they need to step up and continue to support Kyiv and meet a β€œonce in a generation moment” for the security of Europe. The meeting has been overshadowed by the extraordinary scolding of Zelenskyy by U.S. President Donald Trump, who blasted him Friday at the White House as being ungrateful for U.S. support against the invasion by Russia.

European leaders are set to endorse significant increases in defence spending and express unwavering support for Ukraine at an upcoming summit, following concerns over U.S. military aid under Donald Trump's administration. The meeting will feature Ukrainian President Volodymyr Zelenskiy, although Hungary's potential veto could complicate the endorsement of a joint statement supporting Kyiv. This shift in European defence strategy is driven by heightened fears of Russian aggression and a desire for greater autonomy in security matters amid uncertainty about U.S. commitments.

European leaders are gathering to bolster support for Ukraine and build bridges between Kyiv and Washington following a public attack on Ukrainian President Volodymyr Zelenskyy at the Oval Office. European allies have presented their own peacekeeping plans for Ukraine, aiming to position the region as a mediator in future peace talks. The U.S. has been largely sidelined in such discussions, with tensions between Washington and Kyiv rising to a boiling point.

France and Britain are aiming to finalise a peace plan for Ukraine, possibly "in days", that could be presented to the United States, while building bridges between the U.S. and Ukraine before possible talks in Washington. The two European powers have held several calls with Donald Trump and Volodymyr Zelenskiy since their fractious meeting last Friday in the Oval Office led to a suspension of U.S. military aid to Kyiv. A visit by Macron, Starmer, and Zelenskiy is under consideration, although the French presidency quickly corrected this statement.

The euro rebounded as EU leaders drew up a Ukraine peace plan, which may boost future growth and support the currency. A likely increase in fiscal spending by euro zone countries could provide some boost to future growth, supporting the currency. The renewed push for peace in Ukraine and possible increase in defence spending are monitoring closely by investors.

NATO Secretary General Mark Rutte revealed that European leaders have set out plans on defence spending during a private meeting in London, but he declined to provide details. The announcement was made during the NATO summit on Ukraine at Lancaster House in London. These new announcements are expected to boost collective defence efforts among European countries.

A coalition of European countries willing to provide Ukraine with security guarantees after any US-brokered ceasefire is necessary, according to UK Prime Minister Keir Starmer. This approach would involve a group of willing nations working together on a plan to stop the fighting in Ukraine. The proposal aims to rapidly ramp up defense spending and maintain momentum for Ukrainian support.

Investors piled into European arms manufacturer shares and punished long-dated government bonds on Monday, following the clearest sign yet the region's leaders were racing to increase defence spending and help to secure peace in Ukraine. A flurry of European diplomacy, including an agreement to spend more on defence, followed an acrimonious meeting between President Volodymyr Zelenskiy and U.S. President Donald Trump on Friday. The euro rose by as much as 0.7% to $1.045, as investors flocked to the European equity market, where an index of aerospace and defence companies hit record highs.

British Prime Minister Keir Starmer is set to meet with Ukrainian President Volodymyr Zelenskiy and other Western leaders in an effort to restore optimism for peace in Ukraine following a contentious exchange with U.S. President Donald Trump. Starmer aims to strengthen European support for Ukraine by pledging "unwavering support" and encouraging the provision of weapons and financial assistance, while also positioning Britain as a bridge between Europe and the U.S. This summit arrives at a critical juncture in the ongoing conflict, as European leaders seek to unify their approach and ensure a lasting peace with security guarantees for Ukraine.

French President Emmanuel Macron has said he is ready to start discussions on nuclear deterrence for Europe, hinting France could help to protect other EU countries, given the security threats posed by Russia. European leaders will meet in London on Sunday to discuss a peace plan for Ukraine and they will attend a European Union summit on Thursday. The bloc is grappling with U.S. President Donald Trump's willingness to embrace Russian diplomacy and the implications of an extraordinary clash between Ukrainian President Volodymyr Zelenskiy and Trump at the White House on Friday.

Hungarian Prime Minister Viktor Orban has called for the European Union to engage in direct negotiations with Russia regarding a ceasefire in Ukraine, opposing plans for a joint declaration at an upcoming EU summit. He argues that the strategic differences among member states on the Ukraine issue are insurmountable, emphasizing that the EU's current approach cannot be reconciled with the need for peace talks. This stance reflects a growing divide within the EU as some leaders advocate for military support, while others, like Orban and Slovakia’s Prime Minister Robert Fico, push for immediate peace discussions.

Turkey's foreign minister will reiterate Ankara's offer to host peace talks between Ukraine and Russia at a meeting of European leaders in London on Sunday, allowing the parties to reunite under one table for the first time since 2022. This move could potentially lead to a significant shift in the dynamics of the conflict, with Turkey playing a key role in brokering a deal. The outcome of these talks remains uncertain, but they represent a crucial step towards finding a peaceful resolution.

Ukrainian President Volodymyr Zelenskiy will meet British Prime Minister Keir Starmer on Saturday, with the two leaders set to discuss a peace plan for Ukraine ahead of a wider summit of European leaders in London on Sunday. The meeting comes as tensions between Russia and Western countries remain high, following an extraordinary public spat between Zelenskiy and U.S. President Donald Trump at the White House. Starmer's office has expressed his "unwavering support" for Ukraine, echoing similar statements from other European leaders.

Europe is scrambling to boost its military firepower as any realistic hopes of being able to rely on the US to protect Ukraine from Russia fade. Donald Trump's now-infamous clash with Volodymyr Zelensky was followed by a withdrawal of US military aid for Ukraine and a growing sense of panic among European leaders. Ursula von der Leyen, president of the European Commission, swiftly unveiled the ReArm Europe plan, declaring that it could "mobilise close to €800bn (Β£667bn)" to protect the continent.

French President Emmanuel Macron has proposed a partial one-month truce between Russia and Ukraine, which would not cover ground fighting but instead focus on air, sea, and energy infrastructure attacks. The French leader believes that in the event of a ceasefire, it would be difficult to verify whether fighting along the front line was being respected. Macron's plan aims to use this time for negotiations that will take several weeks before potentially deploying European troops to Ukraine.

The United States has temporarily halted intelligence sharing and military aid to Ukraine, raising concerns about the future of US support following a breakdown in relations between President Trump and President Zelensky. In response, French President Emmanuel Macron has called for a meeting of European army chiefs, emphasizing the need for Europe to prepare for a future without US assistance and to increase defense spending. This development highlights the fragile dynamics of international alliances and the potential implications for Ukraine's defense capabilities in the ongoing conflict.

U.S. Secretary of State Marco Rubio held a call with French Foreign Minister Jean-NoΓ«l Barrot to discuss bringing an end to the Russia-Ukraine war, emphasizing President Trump's determination to achieve a just and lasting peace through negotiations. The U.S. has been pressing for a ceasefire in Ukraine, while also considering sweeping sanctions against Russia until a peace agreement is reached. This call reflects the ongoing diplomatic efforts to resolve the conflict in Ukraine.

NATO chief Mark Rutte has urged Ukrainian President Volodymyr Zelenskiy to mend his relationship with U.S. President Donald Trump after their clash at a White House meeting on Friday, citing the importance of cooperation in ending Russia's three-year-old invasion. Rutte described the meeting as "unfortunate" and emphasized the need for unity among allies, including the U.S., Ukraine, and Europe, to achieve a durable peace. The NATO chief expressed admiration for Trump's efforts to support Ukraine with Javelin anti-tank weapons and called on Zelenskiy to restore their relationship.

Influential Russian parliamentarians have dismissed a summit of European leaders in London as producing no plan to settle the war in Ukraine. The meeting, hosted by British Prime Minister Keir Starmer, aimed to draw up a Ukraine peace plan, but resulted in little concrete progress. Konstantin Kosachev, deputy chairman of the Federation Council, described the outcome as "a desperate attempt to pass off as success the failure of a 10-year policy of inciting Ukraine towards Russia."

The statement by Ukrainian President Volodymyr Zelensky that a deal to end the war with Russia was "very far away" has drawn a fierce response from Donald Trump, who accused Zelensky of not wanting peace and expressed frustration over what he perceived as a lack of gratitude for US aid. The US president's comments have caused tension between the two countries and raised concerns about the future of Ukraine's defense under Western backing. Meanwhile, European leaders have proposed a "coalition of the willing" to defend Ukraine and prevent Russian aggression after a peace deal.

Ukraine is under US pressure to accept a quick truce to end the war with Russia, with senior US officials believing the country's leadership is "ready to move forward" with the US's demand for a ceasefire process. The Trump administration has stepped up pressure on Ukrainian President Volodymyr Zelensky to accept his demands for a rapid ceasefire with Moscow, despite doubts about Ukraine's willingness to negotiate. A meeting between US and Ukrainian officials is set to take place in Saudi Arabia, where the two sides are expected to discuss a framework for peace.

Europeans back Ukrainian leader but urge him to mend ties with Donald Trump. The EU and its member states are deeply dependent on the US president for Ukraine peace and security, acknowledging that their power is vastly inferior to that of the US. This reality forces Europeans to scramble for increased defense spending and take more responsibility for their own security, despite recognizing the need for continued US engagement.

Ukraine's parliament has hailed President Donald Trump's peacekeeping efforts as "decisive" in ending the country's three-year-old war with Russia, citing US support as crucial to Ukraine's security. The statement comes after a public row between Trump and Ukrainian President Volodymyr Zelenskiy at the White House. Washington's backing for Ukraine has been a key factor in maintaining the country's sovereignty and resilience against Russian aggression.

Ukrainian President Volodymyr Zelenskiy has emphasized the importance of Ukraine's plight being heard and not forgotten, a day after a heated meeting with US President Donald Trump. The White House meeting, which ended in acrimony, has strained relations between Ukraine and its most important wartime ally. Zelenskiy urged the international community to support Ukraine's war effort against Russia.