Getting co-decision powers on the budget, finally enshrined in the Lisbon Treaty after more than a decade of inter-institutional battles, was one of the European Parliament’s big wins. 

The challenge facing MEPs in the coming months is whether they are really going to use those powers on the 2028-34 budget. 

The early signs are that they are spoiling for a fight. The Irish government’s compromise proposal tabled on Saturday (10 October) – an 8 percent cut worth €141bn to the European Commission’s spending plan – isn’t exactly butchery. 

But it does display a startling lack of ambition, in particular on the raft of ‘own resources’ proposed by MEPs to make the budget process less vulnerable to member states wanting to reduce or at least freeze their annual contributions  

This time round, MEPs have proposed a digital services levy, an online gambling levy, and a levy on crypto-asset capital gains.

Put together the parliament reckons that these new taxes could bring an additional €30bn to the EU’s budget, on top of the €57.4bn that the EU commission believes can be raised from other levies, such as the emissions trading scheme and the carbon border levy. 

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On 9 October, three weeks after signing the first major Russia oil sanctions in two years, Donald Trump agreed with Vladimir Putin to bring Russian diesel back to world markets. The US Treasury suspended its sanctions on that trade until April 2027 the same day. In the two days before, Russian strikes had killed more than 80 Ukrainian civilians.

Europe answered on 12 October with its largest sanctions package yet: nearly 1,600 new listings, almost all in Russia’s military-industrial complex. Its core, says Ukraine’s sanctions envoy Vladyslav Vlasiuk, is Russia’s missile program and the electronics inside it, from capacitors to semiconductors. Six in ten listings came from Ukrainian proposals, and Brussels adopted them within weeks.

That is the right reflex, and proof that Europe can move fast when it chooses. But the package names companies and people one by one. On the measures that cut whole sectors, the ones that would hurt Moscow most, Europe still waits for Washington.

It waits for Trump to decide whether to enforce the Graham Act he signed in September. It waits for him to decide whether to lean on Hungary and Slovakia or let them off. It waits for the G7 to rule on tanker services before touching its own ships. Europe keeps asking the Trump administration to decide things it is perfectly able to decide itself.

If the EU is serious about ending a war on its own continent, it does not need a miracle from Washington. It needs to pull the levers already in its hands. Here they are.

Strip Russian weapons of European parts

1. Fix export-control enforcement on dual-use goods. It is unacceptable that the newest Russian drones and missiles contain not only Chinese parts but American and European ones. The "War and Sanctions" portal logs what turns up. The EU should find and close the enforcement gaps in its own dual-use export law. Choking the supply to Russia's war industry serves Ukraine and Europe alike.

Cut Russia's energy money

2. Force Hungary and Slovakia off Russian oil. The EU banned Russian oil imports in 2022, with temporary exemptions for landlocked states: Czechia, Slovakia, Hungary. Czechia has since diversified and dropped Russian oil entirely. Slovakia and Hungary can do the same; the Czech case proves it is a question of will, not feasibility. Ending the exemptions would also make good on REPowerEU's central promise, phasing out Russian energy. The gas-import ban is already decided. Oil is the gap that remains.

3. Close the Greek and Maltese tanker loophole. Up to 40% of Russia's seaborne oil travels on European tankers, Greek and Maltese. The EU has banned maritime services for Russian oil since 2022, with one exception: cargoes sold below the price cap. This spring the Council discussed scrapping that exception, which would have meant a full ban, then made any change conditional on coordination with the G7. Once again, Europe is asking Washington to act for it. The EU should overcome Greek and Maltese resistance and ban every maritime service for Russian oil: transport, insurance, and the rest.

4. Stop the shadow fleet in European waters. Russia ships oil to India, China, and Türkiye through a shadow fleet of aging, often uninsured tankers. Europe can check their insurance and turn away any that lack EU or G7 cover, especially in the North Sea and the Baltic, where any spill would be an ecological disaster, and an uninsured operator would not pay for it.

Patrols in territorial waters and exclusive economic zones have to be reinforced. Russia also uses these ships for espionage, sabotage, and damage to undersea infrastructure. Strengthen NATO's Baltic Sentry. Consider adding a maritime operation by the UK-led Joint Expeditionary Force or the Coalition of the Willing across the North and Baltic Seas and the Skagerrak, before the Danish straits. If the Russian Baltic Fleet escalates, Europe should be ready for confrontation. Moscow should hear that it is not feared and that it will be stopped. At sea, it is weaker than even NATO's Baltic Sea states alone, never mind NATO's European members together.

5. Scrap the Lingen nuclear-fuel deal. In July, Lower Saxony approved a plan for the French state company Framatome to make nuclear fuel jointly with Rosatom, Russia's builder of nuclear weapons, at Lingen. It is dressed up as serving REPowerEU, since the venture lets Hungary, Slovakia, and Bulgaria buy fuel from a Franco-Russian joint operation instead of straight from Rosatom.

This is nonsense. Ukraine was once wholly dependent on Russian nuclear fuel and diversified fast; Finland and Czechia have done the same. Hungary, Slovakia, and Bulgaria can follow. Stretching the dependence out and hiding it behind a French partner is the opposite of what REPowerEU is for. Lower Saxony's own environment minister called the deal "grundfalsch," fundamentally wrong.

Fund Ukraine from Russia's own money

6. Build a Ukraine Fund from frozen Russian assets. Supporting Ukraine will cost more next year, not less, so it is time to get serious about Russia's frozen assets. Not confiscation, which European capitals still resist, and not a simple transfer to Kyiv, which amounts to the same thing, but a dedicated EU-run Ukraine Fund that could invest these assets and use them better than they are used now. ICUV has set it all out in a policy paper.

Isolate Russia further

7. Adopt the Graham-bill sanctions. Sanction every Russian state company (majority or controlling state stake) and every Russian oligarch who has not taken a public anti-war stand. Forbes counts 155 Russian billionaires.

8. Cut every Russian and Belarusian bank off SWIFT. Russia still has 301 operating banks, yet only 103 Russian banks and financial institutions sit under the EU's transaction ban, and just a handful of Belarusian ones. Gazprombank, which the US Treasury says pays Russia's soldiers, is still not on the EU list. Stop listing banks one by one: disconnect the entire Russian and Belarusian banking systems and put them under a full transaction ban, with narrow exceptions for food, medicine, and humanitarian trade.

9. End land transit to and from Russia, Kaliningrad included. Stop all overland freight, rail and road, between the EU and Russia. Baltic ports should carry no Russian trade at all, not just grain. Halt the gas transit to Kaliningrad through Lithuania's pipelines, too; let it arrive by sea, where Russia already runs an LNG terminal. Winters are mild now, so the real effect is mostly higher costs, and even that is worth doing.

10. Ban visas for Russian (ex-)servicemen and their families. The EU's 21st sanctions package laid the legal basis in July and then set no start date. Bring it into force, and extend it to the families.

Deliver accountability

11. Launch the Tribunal for the Crime of Aggression and the Claims Commission. Speed up the creation of, and accession to, the tribunal for the crime of aggression against Ukraine, and the convention establishing a Claims Commission.

The point

Europe cannot escape this burden. A Russian victory, even a partial one such as a peace on Moscow's terms, would cost it far more than helping Ukraine to a partial victory of its own, a peace along the line of contact. If Europe wants the war to end, it has to lead, alongside Ukraine, instead of waiting on a miracle from the Trump administration. The tools are already in its hands.

Explore further

Norway did the math: Arm Ukraine to win, or pay double when Russia does

Dmytro Shulga

Dmytro Shulga is director of the "Europe and the World" program at the International Renaissance Foundation in Ukraine.

Editor's note. The opinions expressed in our Opinion section belong to their authors. Euromaidan Press' editorial team may or may not share them.

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A lethal plume of toxic smoke was blowing towards us from a blaze at a battery manufacturing plant in Kaliningrad.

Troops in the Russian exclave had been ordered to help put the fire out: untrained and under-equipped, they mutinied. Terrified civilians were thronging the borders.

The Kremlin, oblivious to the unfolding humanitarian and environmental catastrophe, blamed the West for sabotage and incitement, and demanded a transit corridor across Lithuania.

However, none of this actually happened.

We (20 retired and serving officials, experts, and others) were in the safety and comfort of the Wargaming Lab at the ISM university in Vilnius, as guests of the Baltic International Security Centre (BISC).

The crisis scenarios were hypothetical; the aim was to explore the dilemmas and trade-offs they created. (You are the Lithuanian government. Do you let the mutineers in? Or leave them to be massacred?)

The games-master provided regular “injects” – new developments – such as ill-written social media posts from US president Donald Trump. He blamed the authorities in “Lithvastonia” for having started the fire in “Kaliningradia”.

An amusing parody, we thought. A few hours later, the real US president published news of his deal with Russian president Vladimir Putin on sanctions-busting diesel imports, then blamed Ukraine for being invaded.

Not so amusing, especially for our Ukrainian participant, a senior military commander there.

As we were leaving (us to safety, him to danger), news broke that Russia is stepping up its assassination attempts in Europe, targeting defence industry bosses (and perhaps Polish politicians). Our scenarios seemed tame in comparison. 

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Poor Donald Trump. For the last 21 months he had to do a great deal of lying. He had to pretend at times that he really cared about the people dying in the Russo-Ukraine War, that he really wanted a deal that was good for Ukraine, that he was getting frustrated with Vladimir Putin, and […]

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The most unsettling failure in digital payments may not be a black screen. Imagine a fraud-detection model that remains online but suddenly flags thousands of legitimate transfers as suspicious. Banks may see functioning servers while customers see rejected payments, delayed salaries and complaints no single institution can explain. This is a hypothetical scenario, not a […]

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I write from Dubrovnik, a historic and heavily touristed city on Croatia’s Adriatic coast. Visiting here and other parts of Croatia and its next-door neighbor Slovenia, I’m reminded that the Balkan countries used to be part of a bigger entity called Yugoslavia. Before that, some of the Yugoslavian countries were part of the Austro-Hungarian empire, […]

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The American humorist Will Rogers observed that there are three kinds of people in this world: those who learn by reading; those who learn by observation; and the rest, who have to learn by peeing on the electric fence for themselves.

In Europe, we have been learning things the hard way.

The Russian invasion of Ukraine and the resulting turmoil came as a shock to our energy system. More recently, the conflict in the Gulf has sparked fresh shock waves. 

Having built on our experience of the energy crisis in 2022, Europe was better prepared. But the fact of the matter is that we were still left exposed to external shocks.

Since the start of the conflict, the EU spent more than €100bn more on imported oil and gas, compared to the same period last year. We are not only learning the hard way – we are learning the expensive way.

And the lesson could not be clearer: we need to free ourselves from fossil fuel imports, as much as possible and as soon as possible.

The more clean energy that we produce – from homegrown sources like renewables, nuclear, and geothermal – the lower our bills become. At the same time, we also strengthen our energy security, cut our emissions, and reinforce our energy independence.

That’s the direction we are taking

Last year, we added 89 gigawatts of renewable energy to our energy system. One gigawatt is enough to provide electricity for up to 1m households.

And for the first time ever, the EU produced more electricity from solar and wind than from fossil fuels.

In other words, more of our energy is being “made in Europe”, which makes us less reliant on fossil imports. Since 2022, we have decreased our gas consumption significantly, to the order of 17 percent.

But it’s not just about how Europe generates electricity – it’s about how we share it. Over the past decades, EU countries have linked up their electricity markets to a degree not seen elsewhere in the world.

This makes it much easier to support each other with supplies in times of need, as well as to buy and sell electricity across borders at the best price.

This progress has firmed up the foundations of our energy system. But can these foundations withstand our uncertain times? I believe that they can and they will – as long we stick to a solid strategy.

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The recent Reuters headline, “US opens direct talks with Myanmar’s generals, reversing years of isolation,” describes a consequential diplomatic change. It is not a verdict that the junta has won, or that Myanmar’s revolution has lost. The distinction matters because an exaggerated reading can spread precisely the discouragement the generals would welcome. So what did […]

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