European Union sees Ukraine war as security threat in its own neighborhood

Revelation 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • As the war in Ukraine enters a critical period, the European Union has decided it must take responsibility for what it sees as a security threat in its own neighborhood, and it’s preparing to tackle some of the financial burden, perhaps even without the United States.
  • The EU rarely moves ahead on international matters without the U.S., particularly involving major conflicts, but it hopes this decision will encourage others to come forward.
  • EU envoys have been working this week on a proposal to provide Ukraine with a loan package worth up to 35 billion euros ($39 billion).
  • “Crucially, this loan will flow straight into your national budget,” European Commission President Ursula von der Leyen told President Volodymyr Zelenskyy in Kyiv last week. “It will provide you with significant and much-needed fiscal space. You will decide how best to use the funds, giving you maximum flexibility to meet your needs.”
  • Zelenskyy wants to buy weapons and bomb shelters and rebuild Ukraine’s shattered energy network as winter draws near.
  • Most of the 27-nation EU fears a Putin victory would lead to deep uncertainty. Russia’s armed forces are depleted and currently incapable of another war, but the prospect of a future land grab in Estonia, Latvia, Lithuania or Poland remains.

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