Finnish President Alexander Stubb has called on Ukraine’s Western backers to provide the country with even more arms and financial aid, claiming this will deter Russia.

The statement was made shortly after a meeting with Volodymyr Zelenskyj in Helsinki. Meanwhile, negotiations are underway within the EU to double its arms budget.

The EU’s foreign policy chief, Kaja Kallas, had earlier presented a plan to increase EU funding for Ukraine from €20 billion in 2024 to €40 billion this year. However, in a comment to the Italian newspaper La Stampa, she admitted that she had faced opposition from Italy, France, Spain and Portugal. According to the newspaper, an upper limit of €5 billion has been set for the donations instead.

Speaking to the politically-oriented Politico newspaper on Wednesday, Stubb argued that “deterrence – which is based on militarizing Ukraine to its teeth” would be the most effective way to end the war.

The Finnish president regretted that Kallas had failed to rally support for his plan and hoped that EU leaders could save the aid package.

– It’s very important now to get a message from Europe that the military, political and economic support continues, he said. He also stressed that sanctions against Russia must be tightened and that the country’s frozen assets should be seized to increase pressure on the country.

A ceasefire is being negotiated

Stubb also stressed that he supports Ukraine’s possible membership of both the EU and the NATO military pact. However, the Trump administration has ruled out the latter.

Moscow has consistently denounced NATO’s eastward expansion and considers the alliance a threat to Russia’s national security. President Vladimir Putin and other senior officials have repeatedly claimed that the ambition to include Ukraine in NATO was one of the main drivers behind the 2022 war.

Stubb’s remarks come amid negotiations on a 30-day ceasefire, proposed by US President Donald Trump, aimed at stopping long-range attacks on energy infrastructure from both sides. A new round of talks between Russian and US delegations is scheduled for March 24 in the Saudi Arabian city of Jeddah.