• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

3

Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

3

Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
PoliticsEuropean Union
Europe

Inside the EU’s ‘porcupine strategy’ to make Ukraine impenetrable, despite Putin’s demands

By
Lorne Cook
Lorne Cook
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Lorne Cook
Lorne Cook
and
The Associated Press
The Associated Press
Down Arrow Button Icon
March 20, 2025, 12:35 PM ET
Ursula von der Leyen, president of the European Commission, was among the European leaders who met on Thursday.
Ursula von der Leyen, president of the European Commission, was among the European leaders who met on Thursday.Simon Wohlfahrt/Bloomberg via Getty Images

Russian President Vladimir Putin’s key peace demand that Western allies stop providing military aid and intelligence to Ukraine is quietly being ignored by the European Union.

Recommended Video

As U.S.-led talks with Russia and Ukraine progress, without the Europeans at the table, the 27-nation bloc is pressing ahead with a steel “porcupine strategy” aimed at building the Ukrainian armed forces, and the country’s defense industry, into an even more formidable opponent.

At an EU summit on Thursday, German Chancellor Olaf Scholz said that it’s “central” that Ukraine should remain an independent democratic nation that can continue its journey toward EU membership and “that it also has a strong army of its own after a peace agreement.”

“For us, it will be important to continue to support Ukraine significantly — as the European Union as a whole, as allies and friends and as individual countries,” Scholz told reporters in Brussels.

A few hours after he spoke, Scholz’s EU counterparts — with the exception of Hungary, which opposes the bloc’s “peace through strength” stance — called on member countries “to urgently step up efforts to address Ukraine’s pressing military and defence needs.”

Mindful of Russian deception in the past — the “little green men ” who annexed the Crimean Peninsula in 2014, or the troop buildup in 2021 that Moscow denied would lead to any invasion — the Europeans are deeply skeptical about Putin’s intentions and whether he would accept any peace terms.

With the U.K. and other partners, some European countries are working on a deterrence force to police any future peace. At the same time, Ukraine’s best security guarantee, apart from the NATO membership that the U.S. refuses, is that its own army is strong and well supplied.

In a defense blueprint unveiled on Wednesday, the European Commission set out how it plans to meet Ukraine’s security needs, with EU money available to help bolster its defense industry, which produces arms and ammunition more cheaply and closer to the battlefield.

“Ukraine is currently the front line of European defense, resisting a war of aggression driven by the single greatest threat to our common security,” the document says. “The outcome of that war will be a determinative factor in our collective future for decades ahead.”

At the heart of the EU’s strategy is a commitment to provide air defense systems and missiles — including long-range precision warheads. In groups, countries would jointly purchase the equipment and financially back Ukraine’s own effort to obtain them.

Drones are a major advantage on the battlefield, and the EU intends to back Ukraine’s procurement of them and help it build its own production capacity, including through joint ventures between European and Ukrainian industries.

Another aim is to provide at least 2 million rounds of large-caliber artillery shells each year, and to continue a training effort that has helped to prepare more than 75,000 Ukrainian troops so far. In return, European troops will learn from Ukraine’s front-line experience.

Ukraine would also be able to take part in the EU’s space program, with access to the services provided by national governments in the area of global positioning, navigation, surveillance and communications.

Financially, and beyond the estimated 138 billion euros ($150 billion) already provided to Ukraine, the government in Kyiv would be able to secure cheap loans for defense purposes — as can EU countries and Norway — from a new fund worth 150 billion euros ($162 billion).

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Lorne Cook
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
PoliticsIran
Trump says ‘don’t listen to the losers’ after fellow Republicans warn he’s about to make a disastrous mistake with Iran ceasefire deal
By Darlene Superville, Matthew Daly and The Associated PressMay 24, 2026
12 hours ago
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
PoliticsIran
The more generous U.S. ceasefire terms are, the more suspicious Iran becomes they’re a ruse for another attack, expert says
By Jason MaMay 24, 2026
15 hours ago
w
Personal FinanceWhite House
From Hobbes to the 14th amendment: the ancient and modern cases against Trump’s $1.8 billion fund
By Austin Sarat and The ConversationMay 24, 2026
17 hours ago
mark
Travel & LeisureAirline industry
The travel industry has been taking body blows. Here comes an airport ‘sanctuary city’ crackdown
By Josh Funk, Rio Yamat and The Associated PressMay 24, 2026
18 hours ago
Britain’s navy is preparing to clear mines in the Strait of Hormuz — but only once a U.S.-Iran peace agreement is reached
PoliticsIran
Britain’s navy is preparing to clear mines in the Strait of Hormuz — but only once a U.S.-Iran peace agreement is reached
By Emma Burrows and The Associated PressMay 24, 2026
18 hours ago
Under emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window
PoliticsIran
Under emerging deal with U.S., Iran’s uranium, sanctions relief, and release of frozen funds would be negotiated during a 60-day window
By Samy Magdy, Melanie Lidman and The Associated PressMay 24, 2026
18 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
4 days ago
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
Lifestyle
Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive
By Sasha RogelbergMay 24, 2026
21 hours ago
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
Real Estate
Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
22 hours ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
3 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
5 days ago
This 39-year-old quit his lineman job during the pandemic and built a $50 million company in his backyard
Success
This 39-year-old quit his lineman job during the pandemic and built a $50 million company in his backyard
By Nick LichtenbergMay 23, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.