Neither Emmanuel Macron’s push for a joint bond program nor Ukraine’s accession requests currently have a majority.
After two weeks of Russia’s war of annihilation against Ukraine and several waves of EU sanctions against Russia’s economy and the politicians responsible for this attack, the signs in Brussels and most state chancelleries are on pause. The informal European Council in Versailles on Thursday and Friday will almost certainly bring neither new punitive measures against Russia nor a commitment to the prospect of accession for Ukraine, Moldova and Georgia – and above all no green light to launch the plan to issue joint EU bonds , with which the enormous investments in military defense and energy independence that have now become evident should be paid for.