EU Economic Ministers Convene to Discuss Accessing €140 Billion in Immobilized Moscow's Assets for Ukraine Support
EU economic leaders are meeting in the EU capital this morning to tackle the union's economic priorities, featuring the pressing issue of funding for Ukraine.
Zelenskyy Warns Country's Existence Relies on Partners
Kyiv's leader Volodymyr Zelenskyy stated in a recent interview that Ukraine's existence depended on receiving more funds from allies.
“I hope, God bless, we will get this decision,” he told reporters. Otherwise, “It will be necessary to seek an alternative, it concerns our survival. For this reason we need it urgently. We rely on partners.”
EU Commission Advocates €140bn Compensation Funding
The European Commission continues to aim to persuade participating countries – including Belgium, which continues to bloc the plan amid legal fears – to move ahead on a €140 billion reparations loan using frozen Russian assets.
EU chief Ursula von der Leyen emphasized today that it would be “the optimal method to sustain Kyiv's military and its economy.”
Resolution Postponed Till December Meeting
A final decision on the matter has been postponed until the EU leaders’s summit in the last month, as the financial support required early next year.
Discussions Coincide with Corruption Scandal in Kyiv
But these discussions are happening during a tricky moment for Kyiv, as Zelenskyy was forced to contain rising popular anger in the country over a corruption scandal in the power industry, dismissing several officials allegedly involved in involvement in a extensive corruption network.
Danish finance leader Stephanie Lose was questioned on her reaction to the scandal, and affirmed that there was determination to continue supporting the Ukrainian people.
“Naturally, The country will have to continuously work with reforms, strengthening every sector of the nation [and] that also applies to anti-corruption … but there shouldn’t be any doubt that Europe stands firmly with Kyiv,” she said.
Additional European Events Under Watch
In other news, analysts will be monitoring Holland where the legislature convenes to examine possible directions in the government formation process, the Italy-Albania consultations in Rome offering the most recent opportunity to witness the brilliant leadership interplay, and a series of top-tier meetings across Europe, including Nato’s the secretary general's trip to a German airbase.
Lots for us to cover.
It’s November 13, 13 November 2025, and this is Europe Live.
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