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Euronews

Piero Cingari

European defence stocks rally as summit between Trump and Putin stalls

Donald Trump Vladimir Putin European Union Europe NATO United States Rheinmetall Russia Goldman Sachs Ukraine

Plans for a summit between US President Trump and Russian President Putin in Budapest have been shelved, at least for now, amid stark disagreements between Moscow and Washington on the conditions for a ceasefire in Ukraine.

Kyiv and its European allies have rejected the idea of territorial concessions as a precondition for peace, arguing that any negotiated settlement must respect international borders.

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