Buzzberg Cup Live

Finland's Stubb Says Ukraine Needs More Patriot Missiles

Watch on YouTube ↗  |  July 07, 2026 at 14:24  |  6:55  |  Bloomberg Markets
Speakers
Alexander Stubb — President of Finland

Summary

Finnish President Alexander Stubb discussed Ukraine's air defense needs, the impact of long-range strikes on Russian refineries, and the potential for Ukraine to produce Patriot missiles. He also addressed NATO's defense spending push, including Europe's reindustrialization and Finland's contributions after joining the alliance. The interview touched on Trump-Zelensky dynamics and the common interest in keeping the Strait of Hormuz open.

  • Ukraine needs more Patriot missiles to defend against civilian-targeting Russian strikes.
  • Ukrainian long-range drones have destroyed 40% of Russian refining capacity, bringing war effects close to Russian population centers.
  • Stubb sees a path to negotiations if the Russian population turns against the war.
  • He believes Ukraine producing its own Patriots would be cost-effective and useful.
  • NATO is moving toward 5% defense expenditure with massive defense industry deals in Europe and the US.
  • Finland joined NATO as a security provider with strong artillery, F-35s, and long-range missiles.
  • The US and Europe share an interest in keeping the Strait of Hormuz open, with European military support crucial for US operations.
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