Zelenskyy arrives in Brussels, sources say
Photo: President of Ukraine Volodymyr Zelenskyy (Getty Images)
Ukrainian President Volodymyr Zelenskyy arrived in Brussels today, December 18, to attend the European Union leaders' summit, according to RBC-Ukraine sources.
“Zelenskyy's plane has landed in Brussels,” a source in the delegation told RBC-Ukraine.
At today's summit, EU leaders will seek ways to allocate a reparations loan to Ukraine.
Reparations loan for Ukraine
Earlier, EU leaders postponed a decision on the use of frozen Russian assets as collateral for a reparations loan to Ukraine of about €140 billion.
They plan to return to this issue during the summit on December 18-19.
Belgium, where most of these funds are held, opposed the European Commission's initiative, fearing legal and financial risks from Russia and insisting on the distribution of responsibility among all EU countries.
According to the European Commission's plan, Russia's assets will not be confiscated but will be used as collateral, with Ukraine repaying the loan only after Russia has paid reparations.
The final amount of the loan, estimated at €130-140 billion, will be determined after the International Monetary Fund assesses Ukraine's financial needs for 2026-2027.
Yesterday, it was reported that Belgium had asked the EU to consider the possibility of using emergency measures to issue joint EU debt to help Ukraine.
Ukrainian President Volodymyr Zelenskyy will attend the EU summit on December 18-19, where the reparations loan will be discussed.
The European Union's proposals for financing Ukraine in 2026-2027 are currently undergoing changes.
