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Putin Still Holds All the Cards in Ukraine, With No Reason to Fold
(www.bloomberg.com)
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This is what the EU should propose to Putin. Russia will withdraw from all land it seized from Ukraine after the 2022 invasion. NATO would be dissolved and replaced with a European alliance. Ukraine and Canada would be permitted to join but not the US. If Putin doesn't accept the proposal, the UK and France would send troops to Ukraine.
I don't understand why this was downvoted, if such a proposal had been made in 2022 during first Istanbul talks, it could have prevented another three years of meatgrinder. As during those talks Russia openly discussed getting troops back to pre-2022 border as possible option, and European alliance instead of NATO (i.e. no US troops and nukes in Europe) is also offer that is hard to ignore. So after some negotiation it might become a deal; sadly noone offered that.
The difference is that Trump doesn't seem interested defending Europe. The EU should use this to bargain with Putin regarding Ukraine.