Putin says he's ready to continue war with Ukraine in annual address

by · UPI

Dec. 19 (UPI) -- Russian President Vladimir Putin said he was determined to continue the war in Ukraine until his conditions are met, which include taking Ukrainian territory.

Putin spoke at his annual press conference and touted Russia's recent gains in the region.

"The strategic initiative is completely in the hands of the Russian forces," Putin said. He added that Russia is "ready to end the conflict peacefully" if Ukraine cedes large areas of its eastern territories.

Ukrainian President Volodymyr Zelensky has said Ukraine won't give up its land, which is set by the country's constitution.

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Russia has also demanded that Ukraine give up its bid to join NATO and said that if NATO members sent troops, Russia would view them as "legitimate targets."

"The ball is entirely in the court of our Western opponents," he said, adding that Russia had agreed to compromises proposed by the United States in its peace plan negotiated by the President Donald Trump administration.

Earlier this week, Zelensky was asked if Kyiv would give up its attempts to join NATO. He said Ukraine's "position remains unchanged."

"The United States don't see us in NATO, for now," he said. "Politicians change."

European leaders have agreed to continue funding Ukraine in its fight against Russia with a two-year, $105 billion loan for munitions in the ongoing war.

European leaders couldn't agree on their first choice to arm Ukraine using frozen Russian state assets to back the loan.

The plan to use frozen Russian assets fell apart in the final moments after Belgium pushed back, fearful that it would be at legal and financial risk. The bank holding the assets is in Belgium, and Russia has sued to block the plan.

European leaders announced Thursday that they will instead use money from the EU budget. The new plan could be more costly and difficult to mobilize.

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