December 19, 2025
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Ukraine News Today

President of the European Council: We will not leave the summit without a decision on money for Ukraine

At the summit, EU leaders will agree on financing mechanisms for Ukraine for 2026-2027 — Antonio Kosta.”, — write: www.pravda.com.ua

The President of the European Council, Antoniou Costa, assured that the EU leaders will agree on a decision on financing for Ukraine in the next two years at the summit.

Source: Koshta’s statement after arriving at the EU summit in Brussels, reports “Evropska Pravda”

Details: He reminded of two important decisions made by the EU on the way to approving funding for Ukraine.

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“First, to freeze Russian assets in Europe until the end of the war, until Russia pays reparations to Ukraine. The second decision we made concerns the provision of Ukraine’s financial needs for 2026 and 2027. And today we will focus on approving the form for implementing this decision,” Koshta said.

According to him, the European Commission presented several options for this.

“We worked very well, especially on one option that has a lot of support in the European Council, and I can assure you that we will work on it today, and if necessary, tomorrow too, but we will never leave this Council without a final decision on securing Ukraine’s financial needs for 2026 and 2027,” the head of the European Council emphasized.

On Thursday, it became known that the diplomats of the European Union states came to a preliminary agreement regarding the use of Russian frozen assets to provide Ukraine with a “reparation loan” in 2026-27, but the final decision must be made by the leaders of the EU states at a meeting of the European Council.

At the same time, the president of the European Commission, Ursula von der Leyen, said that the EU summit will be held in the end has to decidewhich of the financing options for Ukraine to choose: a reparation loan or financing through the EU budget through external borrowing.

More on the topic in the article: The EU is looking for money for Kyiv. Why is Belgium “blocking” the financing of Ukraine at the expense of the assets of the Russian Federation.

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