A possible ceasefire in Ukraine would not mean stability, but could open a window of extreme risk for European security, in which Russia would be able to attack another neighboring state, says the Munich Security Report 2026, which prefaces the Munich Security Conference to be held from February 13 to 15, as an unprecedented strategic alarm signal. "A ceasefire in Ukraine would not necessarily mean stability. Russia could use such a pause to rebuild its forces and could be able to attack