01/21/2026 | Press release | Distributed by Public on 01/21/2026 07:19
This was stated by the European Commission President Ursula von der Leyen during her speech at the World Economic Forum.
"In just over a month, we will mark the fourth anniversary of Russia's war of aggression against Ukraine. Four years on, Russia shows no sign of abating. No sign of remorse. No sign of seeking peace. On the contrary. Russia is intensifying its attacks. Killing civilians every day as we speak. Just last week, its bombing of Ukraine's energy infrastructure left millions facing darkness, cold, and water shortages. This must end. We all want peace for Ukraine. We recognise President Trump's role in pushing the peace process forward, and we will work closely with the United States. We all agree that Ukraine must therefore be in a position of strength to go to the negotiation table. This is why we Europeans have decided to provide Ukraine with a loan of €90 billion for 2026 and 2027. With this support, we make sure that Ukraine can: bolster its defence on the battlefield; strengthen its defence capabilities for a peace agreement; and keep basic services running. Above all, it reaffirms Europe's unwavering commitment to the security, defence, and European future of Ukraine. In parallel, we decided to permanently immobilise the Russian assets and that we reserve the right to make use of them. This should serve as a stark reminder to Russia. And a message to the world: Europe will always stand with Ukraine. Until there is a just and lasting peace."