European leaders brace for their ‘five-minutes-to-midnight’ nightmare summit
Diplomats
are already worried pro-Russian EU governments could derail the attempt to
regain the initiative from Trump ― and save Ukraine.
March 5,
2025 4:00 am CET
By Clea
Caulcutt, Jacopo Barigazzi, Gabriel Gavin and Giovanna Faggionato
PARIS ― The
European Union is used to crises. This could be the one to beat them all.
As the
bloc’s 27 leaders gather in Brussels on Thursday, they know the entire
post-1945 security architecture ― one that depends on being buttressed by the
United States ― could crumble any day.
Since Donald
Trump’s return to the White House, leaders have talked a lot about sovereignty
and defense. Officials from European governments told POLITICO that they
acknowledge that the moment has come to translate words into action, yet some
already fear it could go horribly wrong.
While French
President Emmanuel Macron has talked of the need for “an incredible awakening”
and German Chancellor-in-waiting Friedrich Merz described Europe as being “five
minutes to midnight,” the worry from those close to the discussion is that
events are happening more quickly than they can cope with.
“The
nightmare scenario is that the U.S. announces a deal soon that accepts most of
Russia’s demands and then tells Ukraine and Europe to take it or leave it,”
said Malcolm Chalmers, deputy director general at the Royal United Services
Institute in London.
And they’re
not only scared of the United States. They’re also wary of some of their own.
While Thursday’s hastily arranged summit, just days after less formal
gatherings in Paris and London, signals an intention to come up with solutions,
diplomats are already bracing for a pro-Russia group of leaders led by
Hungary’s Viktor Orbán derailing the whole thing.
The number
of topics under discussion and the ominous lack of unity means this is a summit
that has the potential to shoot off in multiple different directions. Leaders
will contemplate how they can rapidly redirect resources to bolster national
armies, and at the same time they’ll try to demonstrate support for Ukraine, by
reasserting its path to EU membership for example. The will also try to
underscore their revulsion of Vladimir Putin’s regime, including perhaps a
commitment to another round of sanctions.
So in short:
It won’t be easy.
Waiting
until Trump is dead
“Europe
faces a clear and present danger on a scale that none of us has seen in our
adult lifetime,” European Commission President Ursula von der Leyen wrote to EU
leaders on Tuesday. “The future of a free and sovereign Ukraine ― of a safe and
prosperous Europe ― is on the line.”
More than
three years since Russia’s full-scale invasion of Ukraine and barely six weeks
since Trump became president, Thursday’s summit will bookend a week of
history-defining moments on the other side of the Atlantic.
While Macron
and U.K. Prime Minister Keir Starmer injected a few positive vibes after trying
to ingratiate themselves with Trump last week, it’s gone massively downhill
since. A disastrous meeting between Trump and Ukrainian President Volodymyr
Zelenskyy in the Oval Office on Friday was followed on Tuesday by Trump’s
decision to halt military aid to his war-ravaged country.
Military
financing has not traditionally been an EU issue, but leaders will discuss ways
things can be done at a central level.
“Defense
spending is becoming a fixed cost,” a European diplomat said. “We have switched
off the sun and now we need to pay everyday for the heating … Every day you
need to pay for ammunition, at least for several years, until Trump is dead.”
One of the
first issues leaders will consider is a plan announced on Tuesday by von der
Leyen to unlock up to €800 billion of additional defense spending over the
coming years.
Most
concretely, von der Leyen’s plan includes an idea for the EU to borrow €150
billion that would be lent to EU governments to fund pan-European equipment in
areas such as air and missile defense, artillery systems, missiles, ammunition,
drones and other needs.
The
commission is proposing to loosen EU spending rules to allow governments to
boost their military. According to von der Leyen, allowing countries to
increase defense spending equivalent to 1.5 percent of gross domestic product
over four years would translate into about €650 billion across the bloc.
While
planned for sometime, her press announcement on Tuesday was designed as a
reaction to the U.S. decision to pull the plug on aid to Ukraine, two EU
officials said. The European Investment Bank has also announced that it is
proposing to change its rules to make it easier to finance defense projects.
EU diplomats
and officials are still poring over the details of the proposals, but overall
it has been described as a first step in the right direction.
“Von der
Leyen is trying to take the bull by the horns,” said a French minister, who,
like others quoted here, was granted anonymity to speak candidly. “But will the
technocratic EU structure follow?”
Leaders are
also expected to discuss how to use Russian assets that have been frozen since
the start of the Ukraine war. While the interest generated by the €200 billion
worth of assets is already being used to help fund aid, countries including
France are warming to the more controversial idea of seizing the the assets
themselves even though opponents of the plan say it will run up against legal
obstacles and may cause financial instability.
Hungary’s
refusal
There is
already a battle brewing over sending more military support to Ukraine.
Officials were expecting the inclusion in the summit’s statement a plan
announced last month by EU foreign affairs chief Kaja Kallas to ship Ukraine at
least 1.5 million rounds of artillery ammunition this year, as well as other
equipment like air defense systems, missiles and drones.
While the
final statement won’t appear until the end of the summit, the latest draft
circulating on Tuesday evening seen by POLITICO calls on ministers to find a
way to ensure the arms shipments move forward. Officials said Hungary was
refusing to agree to it.
The draft
text stresses that the EU “will continue to provide Ukraine with regular and
predictable financial support.”
In 2025, it
will provide Ukraine with €30.6 billion, with disbursements from an EU
mechanism to support Kyiv, the Ukraine Facility, expected to reach €12.5
billion and disbursements of about €18 billion from G7 loans under the
so-called “Era initiative.” And future money will likely come from the Rearm
Europe plan ― the von der Leyen initiative announced on Tuesday.
As Europe
leaders’ meet, Ukrainian officials are putting a brave face reacting to the
U.S. announcement of pulling the plug on aid.
It’s “very
painful, but not fatal,” a senior Ukrainian official told POLITICO. “It will
cost Ukraine unnecessary deaths and lost territories, but will not lead to
defeat.”
Gregorio
Sorgi contributed to this article from Brussels.

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