Ukrainian President Volodymyr Zelenskyy has said he is aware of declining support from some European states and stresses that there is no alternative to a decision on Russia's frozen assets.

Source: Zelenskyy at a joint press conference with Dutch Prime Minister Dick Schoof in The Hague, as reported by European Pravda

Details: Zelenskyy said that Ukraine expects to use €210 billion in frozen Russian assets held in the EU over several years to cover urgent financial needs.

"We expect that we can receive €40-45 billion in 2026 and so on, counting on a total amount of €210 billion," he said.

The president stressed that Ukraine would like to use Russian funds for reconstruction, but the scale of the damage already inflicted is such that it cannot be covered by the seized money alone.

Quote: "Of course, we would very much like to use this to rebuild… It is fair that the Russians should pay for the destruction. But even €210 billion will still be insufficient. The amount of losses is three times higher."

Details: Zelenskyy underlined the need to direct Russian funds to urgent expenditures, including the purchase of weapons. He did not deny that Ukraine is currently facing a reduction in such assistance.

Quote: "Frozen assets could balance the reduction in support in some countries. I do not see Ukraine being able to stand firmly without this. I do not see how we could cover such a deficit with vague alternatives or unclear promises."

Background:

• It was previously reported that Denmark will significantly reduce its military support for Ukraine in 2026.
• Meanwhile, EU talks with Belgium on frozen Russians assets have been delayed due to its demand for additional guarantees.
• Dutch PM Schoof has said that sources for reparations to Ukraine will be sought after the war.

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