European countries are developing a plan B to financially support Ukraine, in case an agreement is not reached regarding frozen Russian assets.

The European Union is working on an emergency plan to prevent Ukraine from running out of funds at the beginning of next year, in the absence of an agreement on the use of frozen Russian assets. At a recent summit, EU leaders attempted to approve a €140 billion repair loan but faced opposition from Belgian Prime Minister Bart De Wever. With intensified peace talks and Ukraine in a liquidity crisis, EU officials emphasize the urgency of this issue.

In the context of discussions about a new peace effort by Donald Trump, European leaders hope to gain support for the use of frozen funds. The European Commission is aware of the need for a quick solution, given Ukraine's warnings about a lack of money. An emerging option is a 'bridge loan' to keep Ukraine afloat until the repair loan is implemented. This could provide additional time to find an acceptable solution for Belgium. Despite intense discussions, concerns about legal liabilities and reprisals from Moscow persist. European leaders emphasize that it is essential to reach a quick consensus to support Ukraine.