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Putin says Russia-Ukraine peace demands ‘absolutely contradictory’ as ceasefire talks stall

RUSSIA, JUN 27 – Russian defense spending accounts for 6.3% of GDP at $172 billion, with planned cuts amid stalled peace talks and ongoing prisoner exchanges between Russia and Ukraine.

  • On June 27, 2025, Russian President Vladimir Putin said at a Minsk press conference that Russia and Ukraine's peace proposals remain absolutely contradictory.
  • This statement followed several rounds of talks in Istanbul during 2022 and 2025, which failed to advance a ceasefire despite exchanging memorandums and agreeing on prisoner swaps.
  • Russia demanded Ukraine fully withdraw from occupied territories, limit troops and weapons, and accept a permanent ban on NATO membership, with Kyiv rejecting these as unacceptable conditions.
  • Putin acknowledged defense spending now takes 6.3% of Russia's GDP, equating to 13.5 trillion rubles , and described NATO's pledge to raise defense budgets to 5% as aggressive and budgetarily difficult.
  • Despite economic strains and ongoing military actions including escalated air strikes and territorial advances, Putin said negotiations and contacts would continue after prisoner exchanges.
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Center

The situation in the Ukraine war remains tense. Attempts to reach an end to the battles by negotiation have so far failed. The news ticker.

Lean Left

The head of the White House answers: "He has made a good speech" . But the Kremlin puts his hands forward: "With Kiev opposite positions"

·Turin, Italy
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Portfolio.hu broke the news in on Friday, June 27, 2025.
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