On Thursday, at the summit in Brussels, EU leaders vowed to find funds to meet Ukraine's financing needs while pressuring Belgium to abandon its opposition to the use of Russia's frozen assets. The EU is seeking to use Russia's 210 billion euro sovereign assets in the European Settlement Bank to guarantee 90 billion euro loans to Ukraine over the next two years. The funding is intended to help Ukraine defend against Russia and ensure Europe plays a key role in US-led peace negotiations, despite Russia's threat of a “tough” legal response. EU officials said before the Brussels summit on Thursday that they wanted to reach an agreement, even if that meant meeting all night long. The summit was originally scheduled to end on Friday, but it may be extended. European Council President Costa has vowed that he will keep world leaders in Brussels until an agreement is reached.

On Thursday, at the summit in Brussels, EU leaders vowed to find funds to meet Ukraine's financing needs while pressuring Belgium to abandon its opposition to the use of Russia's frozen assets. The EU is seeking to use Russia's 210 billion euro sovereign assets in the European Settlement Bank to guarantee 90 billion euro loans to Ukraine over the next two years. The funding is intended to help Ukraine defend against Russia and ensure Europe plays a key role in US-led peace negotiations, despite Russia's threat of a “tough” legal response. EU officials said before the Brussels summit on Thursday that they wanted to reach an agreement, even if that meant meeting all night long. The summit was originally scheduled to end on Friday, but it may be extended. European Council President Costa has vowed that he will keep world leaders in Brussels until an agreement is reached.