 "'Don't see readiness for peace': Putin blames Ukraine for no progress on ceasefire deal")
Russian President Vladimir Putin on Friday said he sees no real readiness from Ukraine to move towards peace, blaming Kyiv for the lack of progress on any ceasefire arrangement even as he claimed Russia remains open to negotiations.
Speaking at his annual end-of-year press conference, Putin said Moscow was willing to end the conflict peacefully but only on terms that address what he described as the root causes of the crisis.
His remarks came as he also asserted that Russian forces had seized the strategic initiative on the battlefield, while warning Europe against attempts to seize Russian assets and defending the Kremlin’s economic strategy amid slowing growth.
Russian President Vladimir Putin held his annual end-of-year press conference on Friday. Below are some of his comments. He spoke in Russian and his words were translated by Reuters.
‘No real readiness’ from Ukraine on ceasefire
“So far, we don’t really see such readiness (from Ukraine) … But still we see … certain signals, including from the Kyiv regime, that they are ready to engage in some kind of dialogue. The only thing I want to say is that we have always said this: we are ready and willing to end this conflict peacefully, based on the principles I outlined last June (2024) at the Russian Ministry of Foreign Affairs, and by addressing the root causes that led to this crisis.”
Russian forces advancing along entire front
“In general, immediately after our troops drove the enemy from the Kursk region, the initiative, the strategic initiative, passed entirely into the hands of the Russian armed forces. What does this mean? It means that our troops are advancing along the entire line of contact, in some places faster, in others more slowly, but in all directions, the enemy is retreating.”
On European efforts against ‘daylight robbery’ of Russian assets
“Theft is not the appropriate term. Theft is the clandestine appropriation of property, but in our country, they’re trying to do it openly. It’s daylight robbery. Why can’t this robbery be carried out? Because the consequences could be grave for the robbers.”
“This isn’t just a blow to their image; it’s an undermining of trust in the euro zone, and the fact that many countries, not just Russia, but primarily oil-producing countries, store their gold and foreign exchange reserves in the euro zone. Once this starts, it can be replicated under various pretexts…”
“Besides the image loss, there could be direct losses related to the fundamental foundations of the modern financial world order, which is why it’s difficult. And most importantly, no matter what they steal, and no matter how they do it, they’ll have to give it back eventually. But above all else, we will defend our interests, primarily in the courts. We will try to find a jurisdiction that will be independent of political decisions.”
Quick Reads
View AllOn the economy and budget
“GDP growth is 1% … this is a deliberate move by the government, the central bank, and the entire country’s leadership, related to inflation targeting. It should be noted that, overall, this objective is being met, as the goal was set to reduce inflation to at least 6%, but by the end of the year, it will likely be below 6%—5.7-5.8%. However, the slowdown in economic growth is a deliberate step, the price paid for maintaining the quality of the economy and macroeconomic indicators.”
“We are managing to maintain a good rate of real wage growth. It’s not as high as last year, but still … growth will be 4.5%.”
“The federal budget deficit is 2.6% of GDP, but next year we expect it to be 1.6% of GDP and should be no more than 1.5% of GDP over the next three years. This is a good indicator, considering that our public debt remains very low, one of the lowest among developed economies.”
With inputs from agencies
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