The leaders are to decide whether to loan tens of billions of euros in frozen Russian assets to fund Ukraine's military and economic needs.

The European Commission has proposed that the leaders use some of the frozen assets — totaling 210 billion euros ($246 billion) — to underwrite a 90 billion-euro ($105 billion) “reparations loan” to Ukraine. The U.K., Canada and Norway would fill the gap.

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.

Ukrainian president’s call comes after Putin launched bizarre rant against West amid ongoing US-brokered peace talks

Finding a legal way to use frozen Russian assets to help finance Ukraine remains "far from easy", Italian Prime Minister Giorgia Meloni said on Wednesday, ahead of a summit of European Union leaders in Brussels.

Ukrainian President Volodymyr Zelenskiy will attend a European Union leaders’ summit on Thursday in Brussels, as he tries to secure support for a loan backed by Russian assets.

The European Union on Friday indefinitely froze Russia’s assets in Europe to ensure that Hungary and Slovakia, both with Moscow-friendly governments, can’t prevent the billions of euros from being used to support Ukraine.

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