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Macron Says Western Sanctions Begin to Impact Russia
(MENAFN) Russia is starting to feel the effects of Western sanctions, French President Emmanuel Macron stated on Monday, noting that increasing economic pressure is reinforcing Ukraine ahead of key peace discussions in London.
Speaking alongside Ukrainian President Volodymyr Zelenskyy prior to the meeting, which will also involve British Prime Minister Keir Starmer and German Chancellor Friedrich Merz, Macron emphasized that the sanctions recently imposed by the EU and the United States are now having a substantial impact on Russia’s economy.
“The fact that Ukraine is resisting in this war, and the fact that the Russian economy is starting to suffer, especially after our latest sanctions and the US sanctions, is important,” Macron remarked.
He further noted that this mounting pressure is fostering momentum for coordinated diplomatic efforts.
“The main issue now is convergence between European, Ukrainian and US positions to finalize these peace negotiations under acceptable conditions for Ukraine, for the Europeans and for collective security,” he added.
Hosting the discussions, Starmer reiterated that Europe’s position remains consistent.
“We stand with Ukraine. If there is to be a ceasefire, it must be a just and lasting ceasefire,” he stated, noting that the principles guiding European support “have held for a very, very long time.”
Merz, meanwhile, described the outcome of the talks as “remains open” but cautioned that Europe must stay resolute.
“We remain strongly behind Ukraine because the destiny of this country is the destiny of Europe,” he explained. Merz also mentioned that he was “skeptical about some of the details” seen in US documents but emphasized that Europe’s commitment to Kyiv “should not be doubted.”
Speaking alongside Ukrainian President Volodymyr Zelenskyy prior to the meeting, which will also involve British Prime Minister Keir Starmer and German Chancellor Friedrich Merz, Macron emphasized that the sanctions recently imposed by the EU and the United States are now having a substantial impact on Russia’s economy.
“The fact that Ukraine is resisting in this war, and the fact that the Russian economy is starting to suffer, especially after our latest sanctions and the US sanctions, is important,” Macron remarked.
He further noted that this mounting pressure is fostering momentum for coordinated diplomatic efforts.
“The main issue now is convergence between European, Ukrainian and US positions to finalize these peace negotiations under acceptable conditions for Ukraine, for the Europeans and for collective security,” he added.
Hosting the discussions, Starmer reiterated that Europe’s position remains consistent.
“We stand with Ukraine. If there is to be a ceasefire, it must be a just and lasting ceasefire,” he stated, noting that the principles guiding European support “have held for a very, very long time.”
Merz, meanwhile, described the outcome of the talks as “remains open” but cautioned that Europe must stay resolute.
“We remain strongly behind Ukraine because the destiny of this country is the destiny of Europe,” he explained. Merz also mentioned that he was “skeptical about some of the details” seen in US documents but emphasized that Europe’s commitment to Kyiv “should not be doubted.”
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