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    Home > Headlines > EU's Kallas to propose concessions that Europe should demand from Russia
    Headlines

    EU's Kallas to propose concessions that Europe should demand from Russia

    Published by Global Banking & Finance Review®

    Posted on February 10, 2026

    2 min read

    Last updated: February 10, 2026

    EU's Kallas to propose concessions that Europe should demand from Russia - Headlines news and analysis from Global Banking & Finance Review
    Tags:international financial institutionfinancial communityeconomic growth

    Quick Summary

    EU's Kallas proposes concessions for Russia in Ukraine peace talks, stressing European conditions for a settlement.

    Table of Contents

    • Proposed Concessions for Russia
    • Importance of European Involvement
    • Potential Concessions List
    • Leverage through Frozen Assets

    EU's Kallas to propose concessions that Europe should demand from Russia

    Proposed Concessions for Russia

    By Andrew Gray

    Importance of European Involvement

    BRUSSELS, Feb 10 (Reuters) - European Union foreign policy chief Kaja Kallas said on Tuesday she would propose a list of concessions that Europe should demand from Russia as part of a settlement to end the war in Ukraine.

    Potential Concessions List

    Talks to end the war have mainly involved Ukrainian, U.S. and Russian officials, with Europeans consulted from time to time. But European officials say there can be no peace deal without them.

    Leverage through Frozen Assets

    "Everybody around the table, including the Russians and the Americans, needs to understand that you need Europeans to agree," Kallas told a group of news agency reporters in Brussels.

    "And for that, we also have conditions. And we should put the conditions not on Ukrainians, who have been already pressured a lot, but on the Russians."

    TO PUT LIST TO EU GOVERNMENTS IN COMING DAYS

    Kallas said she would propose a list to EU member governments in the coming days. Asked what the list could include, she cited the return of all Ukrainian children abducted during the war and limitations on Russia's armed forces. She did not elaborate further.

    European officials say they have leverage such as some 210 billion euros ($250 billion) in Russian assets frozen in Europe, which may be part of any settlement.

    Most European nations have pursued a policy of diplomatically isolating Russia since its 2022 invasion of Ukraine. But some have spoken in recent months in favour of talking directly to Moscow, partly as they are wary of extensive discussions between U.S. and Russian officials.

    French President Emmanuel Macron's top foreign policy adviser, Emmanuel Bonne, visited Moscow last week for talks with Russian officials.

    Some European officials have suggested appointing an EU envoy to lead talks with Russia. But Kallas said it was important for the bloc to decide its messages to Moscow before considering such an appointment. 

    "If we don't stand up for anything, there's no point for us to be around the table," Kallas said. "It's important that we discuss what kind of concessions we need to see from the Russian side in order to have a sustainable peace."

    ($1 = 0.8401 euros)

    (Reporting by Andrew Gray, Editing by Charlotte Van Campenhout and Alex Richardson)

    Key Takeaways

    • •EU's Kallas to propose concessions for Russia.
    • •Peace talks involve European, Russian, and American parties.
    • •Europeans emphasize conditions on Russia, not Ukraine.
    • •Kallas highlights the role of European nations in negotiations.
    • •The EU aims to facilitate a settlement to end the Ukraine war.

    Frequently Asked Questions about EU's Kallas to propose concessions that Europe should demand from Russia

    1What is the role of the EU in international relations?

    The EU plays a significant role in international relations by promoting peace, stability, and economic cooperation among member states and with other countries.

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