EU to allocate 210 billion euros to Ukraine: leaders' decision regarding Russian assets.

According to ТСН: European leaders expressed support for financing Ukraine, warning of potential consequences if this step is not taken. Polish Prime Minister Donald Tusk noted that action needs to be taken quickly, or the situation may lead to bloodshed.

“Now we have a simple choice — either money today, or blood tomorrow. I am not only talking about Ukraine, I am talking about Europe. This is our decision, and only ours,” emphasized the Polish politician.

Tusk called on all European leaders to take responsibility for this situation.

Kaja Kallas, the head of EU foreign policy, underscored the importance of advancing reparatory credit, stating that there is no readiness from the Russian side for serious negotiations on peace.

“We have not seen any readiness from the Russian side to move forward or seriously negotiate peace,” she said.

Kallas also noted that the EU is working on solutions that take Belgium's concerns into account, ensuring that the burden of financing is distributed evenly.

“I hope we can see this through to the end. Putin is counting on our failure, so we must not give him that,” she added.

German Chancellor Friedrich Merz confirmed support for reparatory credit, as he sees no better option for responding to Russian aggression.

President of Lithuania Gitanas Nausėda called for decisive action, emphasizing the need for adopting a decision on reparatory credit and focusing on influential Russian companies.

“Now is not the time to hesitate,” he said.

Volodymyr Zelensky noted that the lack of funding from frozen Russian assets could lead to Russia abandoning diplomatic avenues for ending the war, making Ukraine more vulnerable.

EU leaders are planning to meet in Brussels to discuss the allocation of 210 billion euros to support Ukraine in its struggle against Russia. These funds mostly come from Russian assets frozen after the start of the full-scale invasion.

European countries see financial support for Ukraine as critically important for strengthening stability in the region. If this financing is refused, Europe may face new security challenges that could threaten not only Ukraine but the whole of Europe.