#Ukraine may face a “Finnish scenario” after the war — losing part of its territories while preserving statehood and its path toward the West, according to JPMorgan.

📍The bank believes the war will end through negotiations;

📍Ukraine could retain its army, sovereignty, and integration with the EU;

📍At the same time, restrictions on the military and the loss of some territories are possible;

📍A year ago, JPMorgan predicted a “Georgian scenario” for Ukraine, but has now changed its assessment due to Europe’s support.