The EU summit today will decide the fate of financing Ukraine for 2026-2027.

According to ТСН: Today, the leaders of the European Union will discuss financing for Ukraine for 2026 and 2027, so that the country can continue its fight against Russia. Without this support, Ukraine may find itself in a difficult situation.

"The stakes are high, as without EU financial assistance, Ukraine will run out of money by the second quarter of next year, and it will likely lose the war against Russia, which, European officials fear, will bring the threat of Russian aggression closer to the bloc," journalists report.

A senior EU diplomat noted that if the union does not make a decision on financing Ukraine, the country will not be able to defend itself. He also pointed to potentially "serious consequences" for the security of other European countries.

Responsibility for Aggression

The European Union plans to use all possible tools to hold Russia accountable for its aggression against Ukraine. One such tool is the transfer of profits from frozen assets of the Central Bank of Russia to Kyiv, which total approximately 140 billion euros.

Estonian Prime Minister Kaja Kallas supported this initiative, emphasizing that the Kremlin’s frozen assets could form the basis for long-term support for Ukraine:

"It cannot be that democratic countries pay, while Russia avoids responsibility".

However, Hungary opposes such a decision.

It is known that approximately 300 billion euros of Russian assets have already been frozen in the EU, of which over 140 billion generates profit. These funds are proposed to be used to assist Ukraine, without violating international law.

EU Leaders Summit

On December 18-19, a summit of EU leaders will be held in Brussels, where decisions regarding financial support for Ukraine for 2026-2027 are to be made. If an agreement cannot be reached, the EU will consider a "Plan B" — a temporary loan funded by the bloc's borrowings.

This summit will be an important milestone for Ukraine, as EU financial assistance is crucial for supporting the economy and security of the country in the face of the current threat. The decision made in Brussels has the potential to impact the further course of the conflict and stability in the region.