🇬🇧🇫🇷🇩🇪🇺🇦 Europe is quietly preparing Ukraine for peace talks.
Germany, France, and the UK are in discussions with Kyiv about opening negotiations with Russia.
The framing matters here: European leaders aren't pushing talks from a position of exhaustion. They're citing Russian battlefield losses and Ukrainian drone strike successes as proof that Zelensky now has real leverage at the table.
The logic is simple. You don't negotiate when you're losing. You negotiate when you've shifted the momentum enough to lock in gains.
Russia will read this shift too. How Putin responds in the next few weeks will tell us everything about whether these talks are real or just pressure politics.
Source: Bloomberg

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