EU leaders are meeting in Brussels for an important summit. They need to decide on financial help for Ukraine. The main topic is using frozen Russian money for Ukraine's defence and rebuilding. Kaja Kallas, EU's foreign policy chief, said this moment is very important. She stated, "We cannot fail. We must show our strength." The EU wants to use these frozen funds as a guarantee for a big loan to Ukraine. This loan will help Ukraine defend itself.
Ukraine urgently needs this money. Russia's long war is seen as a threat to the EU's own safety. So, the EU must keep helping Ukraine. Important people have also asked European countries to be strong and independent. Polish Prime Minister Donald Tusk said, "We have a simple choice – money today or blood tomorrow." This shows the big problems if they do nothing.
The plan is to use Russian central bank money. Most of this money is in Belgium. The EU Commission wants to use this money as security for a loan. This loan will go to Ukraine. The money will help Ukraine fight Russia. It will also help rebuild the country. They are discussing the details of this financial plan.
However, there are problems. Some countries, like Belgium and Italy, worry about legal issues. They also worry about financial risks. They are concerned about using money from another country. EU leaders want to find a solution together. They are ready to talk for "as long as needed."
This summit will show if the EU can act quickly in a crisis. If they fail, it could hurt the EU's reputation. It could also make it harder for Ukraine to defend itself. A successful agreement would show European unity. It would be a strong promise to Ukraine. This money is also needed to rebuild Ukraine after the war. It will help bring stability to Europe.