An EU approval of the reparation loan would also help to unlock other funding. Last month, Ukraine secured preliminary approval from the IMF on its new four-year, $8.2 billion programme to help ​maintain macroeconomic and financial stability. But final approval depended on a positive decision on the reparation loan, Pidlasa said.

It's supposed to soften the blow for lost NATO membership. But Kyiv is hardly ready and not all members are enthusiastic.

European Union leaders will try to overcome staunch resistance to both a funding plan for Ukraine and a massive trade deal with South America during a summit in Brussels starting Thursday — insisting that the bloc’s reputation is on the line.

The latest proposal is designed to deter future Russian aggression. But Russia is not part of the talks and has shown little willingness to negotiate.

Ukraine peace talks up their pace. Ukraine peace talks are showing new signs of progress. US and European negotiators emerged from meetings in Berlin yesterday agreeing to provide

The European Union wants to impose strict “Buy European” rules on Ukraine’s potential loan backed by Russian assets, which leaders will try to finalize during a summit on Thursday.

Negotiators solved probably “90% of the issues between Ukraine and Russia ,” the U.S. official told reporters, and Trump “believes he can get Russia to accept” the “NATO-like” guarantee and European Union membership for Ukraine.

As European leaders vowed to protect Ukraine against Russia in the future, including via military means, Zelenskyy hailed progress with the US in talks about security guarantees – but disagreements over territory remain.