EU’s Kallas says no goodwill seen from Russia, urges focus on ceasefire in Ukraine

The significance here is less the assessment itself than the absence of anything concrete behind it: no measures, no timeline, only a restatement of the ceasefire priority. For markets exposed to the war's knock-on effects — energy, European risk sentiment, and by extension risk assets generally — that leaves the diplomatic track unresolved rather than advanced. The open question is whether this rhetoric hardens into new EU measures or remains a holding position while talks continue.