Unveiling her plan on Dec. 4, European Commission President Ursula von der Leyen said the EU would cover two-thirds of Ukraine’s needs for 2026 and 2027, for a total of 90 billion euros ($105 billion). International partners would fill the gap.

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 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.

The EU’s top representative on foreign affairs, Kaja Kallas, similarly described it as a “make-or-break” moment for Ukraine, as parallel negotiations take place on a US-brokered peace proposal and a plan in Brussels to finance a large loan to help keep Kyiv in the fight should ceasefire talks stall again.

Even as negotiators claim progress in talks to end the war in Ukraine, the European Union remains deadlocked over how to sustain funding for the country’s defense. What EU leaders should recognize is that how they come up with the money matters far less at this point than that they do.

Amid reports that the U.S. is pressing EU countries not to hand billions in frozen Russian assets over to Ukraine, the European effort to release the funds appears to be increasingly fragile.

The European Union may move to freeze Russian assets in Europe as Ukraine continues to fight a bloody war against Russia, Reuters reports. CBS News' Ramy Inocencio reports.

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.

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.