E.U. Leaders Debate Plan for Ukraine Financed by Frozen Russian Assets
The European Council convenes on Thursday, and at stake is a contentious deal to back Ukraine and its war effort in 2026 and 2027. Ukrainian soldiers during a live-fire training exercise at a military training ground in the Dnipro region, in December. Credit... Laetitia Vancon for The New York Times By Jeanna Smialek Reporting from Brussels The New York Times , Dec. 18, 2025, 12:01 a.m. ET European Union leaders are convening on Thursday for a meeting that will show whether they can face head-on many of the largest challenges confronting them: an aggressive Russia, an increasingly unfriendly United States, and a costly land war in Ukraine. Officials hope that by the end of the European Council meeting that kicks off Thursday morning in Brussels, the 27 nations of the European Union will agree to use Russian government assets frozen in Europe to make a huge loan to finance Ukraine and its war effort in 2026 and 2027. But the deal is expected to be contentious, and it could st...