Putin says Russia opposes EU becoming a military bloc

Investing.com -- Russian President Vladimir Putin said today that Russia opposes the European Union becoming a military bloc, calling it a cause for concern.

Speaking to reporters in St Petersburg, Putin addressed the EU's potential role in Ukraine peace negotiations. He said the EU cannot act as a mediator but could help persuade Ukraine to reach a compromise for a peace deal.

Putin said he believes Kyiv is not ready for compromises at this time.

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