Dec 9, 2025
European leaders are increasingly confident they will reach a deal to use frozen Russian assets before the end of the year following talks in London, even as a gulf remains between Europe and the U.S. on providing security guarantees for Kyiv.
Volodymyr Zelenskyy and his allies made "positive progress” to use immobilized Russian sovereign assets to back a €90 billion ($105 billion) loan for Ukraine’s reconstruction, U.K. Prime Minister Keir Starmer’s office said following the meeting on Monday. European leaders were now optimistic an agreement could be reached before Christmas, according to people familiar with the matter.
Ukraine’s allies are under growing pressure to find fr…
Dec 9, 2025
European leaders are increasingly confident they will reach a deal to use frozen Russian assets before the end of the year following talks in London, even as a gulf remains between Europe and the U.S. on providing security guarantees for Kyiv.
Volodymyr Zelenskyy and his allies made "positive progress” to use immobilized Russian sovereign assets to back a €90 billion ($105 billion) loan for Ukraine’s reconstruction, U.K. Prime Minister Keir Starmer’s office said following the meeting on Monday. European leaders were now optimistic an agreement could be reached before Christmas, according to people familiar with the matter.
Ukraine’s allies are under growing pressure to find fresh sources of financing after U.S. President Donald Trump’s administration largely stopped aid to the war-ravaged country. As peace talks between Washington, Moscow and Kyiv intensified in recent weeks, the U.S. has even suggested that it could use the money for post-war investments.