Russia is failing on strategic goals, having defeats in military, economic and diplomatic terms, this indicates that Ukraine can prevail in this war, President of the European Commission Ursula von der Leyen has said.

"Of course, like in all democracies, our freedom comes with risks. There will always be those who try to exploit our openness, both from within and without. There will always be attempts to push us off track for example with disinformation and misinformation. And nowhere has there been more of that than on the issue of Ukraine. So let me provide some real information. Russia is failing on strategic goals. It is first and foremost a military failure," she said during a special address at the World Economic Forum (WEF) in Davos on Tuesday.

The President of the European Commission said when Russia invaded Ukraine, many feared that Kyiv would fall in just a few days, and the rest of the country within weeks; that did not happen.

"Instead, Russia has lost roughly half of its military capabilities. Ukraine has driven Russia out of half the territories it had captured. Ukraine has pushed back Russia's Black Sea Fleet and re-opened a maritime corridor to deliver grain to the world. And Ukraine has retained its freedom and independence," she said.

Von der Leyen also said Russia's failure is also economic. In particular, Russia's failure is also economic and sanctions have decoupled its economy from modern technology and innovation; Russia is now dependent on China.

"And, finally, Russia's failure is also diplomatic. Finland has joined NATO. Sweden will follow soon. And Ukraine is closer than ever to the European Union. All of this tells us that Ukraine can prevail in this war. But we must continue to empower their resistance," the President of the European Commission said.

She said Ukrainians need predictable financing throughout 2024 and beyond; they need a sufficient and sustained supply of weapons to defend Ukraine and regain its rightful territory.

"They need capabilities to deter future attacks by Russia. And they also need hope. They need to know that, with their struggle, they will earn a better future for their children. And Ukraine's better future is called Europe. It was with immense joy that last month we decided to launch the negotiations for Ukraine's EU membership. This will be Ukraine's historic achievement. And it will be Europe responding to the call of history," von der Leyen said.