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European Union economic leaders are meeting in the EU capital this Thursday to address the union's financial priorities, featuring the pressing question of funding for Ukraine.

Zelenskyy States Nation's Existence Relies on Allies

Ukrainian President Volodymyr Zelenskyy stated in a latest discussion that the country's survival relied on obtaining additional financial aid from allies.

“I hope, with luck, they will approve the necessary funding,” he told reporters. If not, “We will have to find an alternative, it concerns our survival. That’s why it is essential urgently. And I count on partners.”

European Authorities Advocates €140bn Compensation Funding

The EU executive continues to aim to persuade participating countries – including Belgium, that is currently blocking the plan due to legal fears – to move ahead on a €140 billion reparations loan using Moscow's immobilized funds.

Commission president Ursula von der Leyen insisted this morning that it would be “the most effective way to support Kyiv's military and its economy.”

Decision Delayed Until December Summit

A final decision on the issue has been postponed till the European Council meeting in December, as the financial support needed at the start of the coming year.

Discussions Occur Amid Corruption Scandal in Kyiv

But the talks are happening during a tricky time for Ukraine, as Zelenskyy had to move to address rising popular anger in Ukraine over a bribery incident in the power industry, dismissing several officials allegedly involved in participating in a large-scale bribery scheme.

Danish economic affairs minister Stephanie Lose was questioned on her response to the scandal, and affirmed that there was determination to keep aiding Ukraine.

“Naturally, The country will have to continuously work with reforms, strengthening every sector of their society [and] that also applies to fighting graft … but there shouldn’t be any doubt that Europe stands firmly with Kyiv,” she stated.

Additional European Developments Monitored

Separately, observers will be keeping an eye on the Netherlands where the legislature convenes to examine possible directions in the government formation process, Rome-Tirana discussions in the Italian capital offering the most recent opportunity to enjoy the brilliant Meloni-Rama dynamics, and a series of top-tier conferences across Europe, including Nato’s the secretary general's visit to a German airbase.

Much to cover.

It’s Thursday, 13 November 2025, and this is European Updates.

Welcome.