Menu

Finland Urges Europe to Move to a 'Wartime Economy' and Increase Financial and Political Support for Ukraine

By
Photo: Finland Urges Europe to Move to a 'Wartime Economy' and Increase Financial and Political Support for Ukraine. Source: fb/alexanderstubb
Photo: Finland Urges Europe to Move to a 'Wartime Economy' and Increase Financial and Political Support for Ukraine. Source: fb/alexanderstubb

Europe needs to move to a "wartime economy", combine arms orders and develop the defence industry in the long term, Finnish President Alexander Stubb said in an interview with Bloomberg.

He also noted that the European Investment Bank, where he was previously vice president, should go beyond red lines and start being more "optimistic" in financing Europe's own defence industry.

Stubb also said Europe should create a manual to counter Russia's hybrid attacks. This would include both plans for launching systems after attacks and optimising communications to create a united front against the Kremlin. 

Finland has in recent months experienced, along with most of the other countries on NATO's eastern flank, cyberattacks, GPS jamming, airspace violations and the use of immigration weapons, which are some of the forms of Russian hybrid warfare.

"What Russia is trying to do with hybrid attacks is to get us to overreact or react differently," Stubb said, adding that attributing hybrid operations could also help put an end to them. "If you deny it or keep it out of the picture, then I think Russia is just going to keep doing it."

Stubb also called on Europe to maximise its support for Ukraine, as well as to build up its own defence capabilities in the traditional military, as well as against Russia's hybrid warfare. According to Stubb, Ukraine needs both material assistance, which includes financial aid, and political support, including paving the way for membership in both the EU and the North Atlantic Treaty Organisation. 

Finland currently guards half of NATO's demarcation line from Russia, with more than 1,300 kilometres (800 miles) of border and a long and difficult history of coexistence with Russia. 

Recommended

Latest news

US Warns Apple and Google to Remove TikTok from App Stores on 19 January

12.16.2024 16:22
Life

The Best Christmas Trees and Markets in Europe

12.14.2024 09:05
Economics

Cryptocurrency Market: Greed Above All

12.13.2024 15:30
Culture

Christmas Is All Around You

12.13.2024 13:07
Technology

Latest Gaming Releases of 2024

12.12.2024 16:05

Similar articles

We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them. Cookie Policy

Outdated Browser
Для комфортної роботи в Мережі потрібен сучасний браузер. Тут можна знайти останні версії.
Outdated Browser
Цей сайт призначений для комп'ютерів, але
ви можете вільно користуватися ним.
67.15%
людей використовує
цей браузер
Google Chrome
Доступно для
  • Windows
  • Mac OS
  • Linux
9.6%
людей використовує
цей браузер
Mozilla Firefox
Доступно для
  • Windows
  • Mac OS
  • Linux
4.5%
людей використовує
цей браузер
Microsoft Edge
Доступно для
  • Windows
  • Mac OS
3.15%
людей використовує
цей браузер
Доступно для
  • Windows
  • Mac OS
  • Linux