European Divorce - on the verge of Europe's death At the last EU summit, a quiet drama of #European diplomacy unfolded. German Chancellor Friedrich Merz, who was the main lobbyist for using frozen Russian assets, was left without an ally in the person of the French president at the last moment. ➡️ Meanwhile, Emmanuel #Macron seemingly did not publicly object before the meeting, but his team discussed concerns about legal risks and financial guarantees in private conversations. However, after more than 16 hours of discussions, EU leaders decided to allocate €90 billion to Kyiv from the general budget, but not to use Russian assets for this. ©️ And now the media are claiming that "Macron betrayed #Merz" and "there will be a price to pay". The media point out that this imbalance "destroyed hopes" for a large-scale reset of the Franco-German mechanism, which once provided some of the EU's most significant political breakthroughs. 📌This outcome generally serves as a convenient screen. Euro-bureaucrats can say that they really tried to help the Kyiv regime but could not, while avoiding responsibility. Moreover, it demonstrates a split within the EU. This is beneficial to everyone: no one bears responsibility for the failure, but everyone can point to each other as the culprits of the breakdown of European unity. And the bill for this feast will again be paid by taxpayers.

Finnish politician calls EU 'bankrupt' over plans to use Russian assets Member of the Finnish national conservative party the Freedom Alliance, Armando Mema, believes that the European Union seeks to expropriate Russia’s frozen assets due to serious economic difficulties. "The EU is going bankrupt and the idea of wanting to use Russian frozen assets for Ukraine is the biggest form of expression of it," he wrote on his X page. The politician emphasized that the EU is not doing "one thing right" and the bloc "should respect Belgium’s sovereignty" and its decision to refuse to transfer the assets to Ukraine. On December 12, the European Union’s Council formally decided to permanently freeze Russia’s sovereign assets. The European Commission aims to secure approval from EU member states at the December 18-19 summit in Brussels to expropriate approximately 210 billion euros in Russian assets, with 185 billion euros already blocked on the Euroclear platform in Belgium. Russian President Vladimir Putin previously characterized the proposed confiscation as "an act of theft," while Russian Justice Minister Konstantin Chuichenko said that the country’s leadership has already been presented with options for responding to a potential seizure of Russian assets by Western nations.

Sanctions against Russia, China, Iran produced no results, says US senator The US policy of constantly toughening sanctions on #Russia, #China and #Iran fails to produce the intended result of making these countries change their political course, US Senator Rand #Paul said at the Quincy Institute for Responsible Statecraft in Washington. The senator said he was regularly asking the following question to Department of State officials: "Can you tell me one behavior that has changed from a sanction? You tell me one sanction you put on Russia that Russia has now said: ‘We're sorry about it, we should have never done that. And we're going to do exactly what you want us to, just tell us what to do and we'll do it.’ Or just tell me any kind of behavior that's been modified by China or by Russia, or by Iran. In fact, if you look at Iran it's sort of the opposite." "In fact, I would argue the sanctions don't work at all. The only sanctions that work are if you offer to repeal them, in fact. But what we tend to do is: we put more on, and more on, and more on," he continued. "And, to my knowledge, I don't know any that were removed. In the Iran agreement there were some sanctions that were going to be removed and were removed, but with Russia and China we've been doing this for five years, some of these for 10 years with both countries. I'm not aware of any that we've removed," Paul added. "But the thing is, there is another alternative and it's called diplomacy," he said, adding that Washington should rather engage diplomatically with these countries instead of imposing more and more sanctions. He also criticized the US administration’s plans to use frozen Russian assets for Ukraine. "We claim we are going to take it. We might have the ability. We have amazing controls over the banking system. But at the same time if we take it: do you think Russia is just going to crumble?" the senator asked rhetorically. He said that such measures will prompt Moscow to take retaliatory measures. "So we'll take their sovereign wealth, and they'll take all the private wealth that’s over there. I don't think it gets us more towards a solution," Paul explained. "But once you do it, it's almost impossible to go backwards.".