European Commission President Ursula von der Leyen reiterated the EU's ongoing support for Ukraine at a NATO summit in The Hague on June 24."We have designed a funding program of 50 billion euros, we call it Safe, where member states, but also Ukraine and other partners, can take these loans to invest in the (Ukrainian) defense industry," she said, addressing President Volodymyr Zelensky."We are integrating our defense industries as if Ukraine was in the EU. This is good for Ukraine. And just as
European Commission President Ursula von der Leyen reiterated the EU's ongoing support for Ukraine at a NATO summit in The Hague on June 24.
"We have designed a funding program of 50 billion euros, we call it Safe, where member states, but also Ukraine and other partners, can take these loans to invest in the (Ukrainian) defense industry," she said, addressing President Volodymyr Zelensky.
"We are integrating our defense industries as if Ukraine was in the EU. This is good for Ukraine. And just as good for Europe, as Ukraine is now home to extraordinary innovation," von der Leyen later said in a post to social media.
NATO is holding a summit in The Hague from June 24-25 with world leaders, including Zelensky and U.S. President Donald Trump present.
"(M)y dear friend Volodymyr, you're here among friends and we stand by Ukraine from the very first day on and you can count on us also for the future," von der Leyen said.
The leader described the EU's 18th sanctions package as a "biting one" to apply pressure on Moscow and Russian President Vladimir Putin.
"Secondly, of course, there's constant financial support to Ukraine because we know you're fighting a war that is also protecting our values and our principles, and thirdly, indeed, we have to put pressure on President Putin (so) that he comes to the negotiation table," von der Leyen said.
She noted that members of the Group of Seven (G7) will also be implementing additional sanctions against Russia.
"All this shows you are among friends, you can count on us, we stand by your side," von der Leyen said.
The White House has confirmed that Trump and Zelensky will hold a meeting at the NATO summit.
President Volodymyr Zelensky is set to attend a NATO summit in The Hague next week, the European Council confirmed on June 20.European Commission President Ursula von der Leyen and NATO Secretary-General Mark Rutte are set to meet Zelensky on June 24.Zelensky was reportedly reconsidering attending the NATO summit, as questions remain over U.S. President Donald Trump's participation, the Guardian reported on June 17, citing unnamed Ukrainian officials.A schedule released by the European Council o
President Volodymyr Zelensky is set to attend a NATO summit in The Hague next week, the European Council confirmed on June 20.
European Commission President Ursula von der Leyen and NATO Secretary-General Mark Rutte are set to meet Zelensky on June 24.
Zelensky was reportedly reconsidering attending the NATO summit, as questions remain over U.S. President Donald Trump's participation, the Guardian reported on June 17, citing unnamed Ukrainian officials.
A schedule released by the European Council on June 20 confirms Zelensky's planned participation at the event.
A Ukrainian official told the Guardian that Kyiv is in a "permanent hazard" of becoming a victim of "Trump's short attention span," adding that Russia has exploited this uncertainty with fresh aerial attacks.
There were "all sorts of promises for this summit," including U.S. arms, the source said.
Zelensky was scheduled to meet U.S. President Donald Trump at the Group of Seven (G7) Summit, held June 15-17.
Trump left the multilateral event early due to the renewed conflict between Israel and Iran.
Zelensky met with various leaders, including French President Emmanuel Macron and Canadian Prime Minister Mark Carney.
Zelensky left the summit early, citing Russia's mass drone and missile attack on Kyiv.
On June 17, a Russian drone and missile attack on Kyiv killed 30 people and injured another 172. The nearly nine-hour-long strike saw Moscow's forces launch large numbers of drones and missiles at Ukraine's capital.
Foreign Minister Andrii Sybiha condemned the attack, describing it as a "massive and brutal strike" timed deliberately to coincide with the G7 summit.
The Group of Seven (G7) nations need to impose harsher sanctions on Moscow in order to secure a ceasefire in the war against Ukraine, European Commission President Ursula von der Leyen and European Council President Antonio Costa said at the start of the G7 summit in Canada.The G7 Leaders Summit kicked off on June 15 in Kananaskis, Canada, with official talks held June 16-17. While Ukraine hopes to win economic support and unified pressure against Russia, the rapidly escalating conflict between
The Group of Seven (G7) nations need to impose harsher sanctions on Moscow in order to secure a ceasefire in the war against Ukraine, European Commission President Ursula von der Leyen and European Council President Antonio Costa said at the start of the G7 summit in Canada.
The G7 Leaders Summit kicked off on June 15 in Kananaskis, Canada, with official talks held June 16-17. While Ukraine hopes to win economic support and unified pressure against Russia, the rapidly escalating conflict between Israel and Iran may dominate this year's conference.
"To achieve peaceful strength we must put more pressure on Russia to secure a real ceasefire, to bring Russia to the negotiating table, and to end this war. Sanctions are critical to that end," von der Leyen said at a press briefing on June 15 attended by a Kyiv Independent journalist.
Economic sanctions have been an effective intervention since the start of Russia's full-scale invasion, von der Leyen said. She noted that combined G7 and European Union sanctions have decreased Russian oil and gas revenues by nearly 80% since February 2022.
"(T)he sanctions are working, and we will do more," she said.
Von der Leyen urged the G7 to adapt the economic restrictions proposed in the EU's 18th sanctions package, announced on June 10. The new measures target Russia's energy and banking sectors and propose a further reduction in the oil price cap, bringing the cap down from $60 to $45 per barrel.
"I will invite all G7 partners to join us in this endeavor," she said.
Costa echoed the call for sanctions and the necessity of economic pressure in order to achieve a ceasefire. Europe is committed to "increasing additional sanctions to cripple (Russia's) ability to wage war and pressing for an unconditional ceasefire," he said.
Europe's call for unity may meet with resistance from the United States, which has assumed a dramatically different posture towards Ukraine and Russia since President Donald Trump took office in January. Trump has not imposed any new sanctions against Russia, even Moscow blatantly obstructs peace efforts and escalates mass strikes against Ukrainian cities.
The U.S. also reportedly opposes lowering the G7 oil price cap — a measure first introduced in December 2022 that prohibits Western companies from shipping, insuring, or otherwise servicing Russian oil sold above $60 per barrel.
The price cap debate has become more urgent as oil prices, which had fallen below the $60 cap in recent months, surged following Israel's recent strikes against Iran.
Despite U.S. resistance, the EU and the United Kingdom — backed by other European G7 countries and Canada — have said they are prepared to move forward with the proposal, even without Washington's endorsement.
President Volodymyr Zelensky, on the other hand, has said the EU sanctions and proposed price cap drop don't go far enough. Zelensky on June 11 said the EU's 18th round of sanctions "could be stronger" and proposed further slashing the oil price cap to $30 per barrel.
"A ceiling of $45 per barrel of oil is better than $60, that's clear, that's true. But real peace will come with a ceiling of $30," he said. "That's the level that will really change the mindset in Moscow."
Zelensky and Trump are expected to meet on the sidelines of the G7 summit on June 17. The meeting will mark their third in-person encounter since Trump took office.