The foreign minister says the EU is downplaying its concerns and over the plan which Belgium sees as "fundamentally wrong".

Putin also claimed that Zelensky’s European allies have pushed for demands that are “absolutely unacceptable."

BRUSSELS - However Donald Trump’s latest push to end the war in Ukraine pans out, Europe fears the prospect of a deal – sooner or later – that will not punish or weaken Russia as its leaders had hoped, placing the continent’s security in greater jeopardy.

BRUSSELS, Dec 3 (Reuters) - The European Commission plans to make a legal proposal this week to use frozen Russian assets to fund Ukraine while also leaving open the possibility of borrowing on financial markets or mixing the two options, four sources told Reuters on Tuesday.

The EU foreign affairs headquarters, the EEAS, and the College of Europe in Bruges were raided on Tuesday by Belgian police. Former EU foreign affairs chief and College of Europe Rector Federica Mogherini as well as other top officials are now in custody as part of a probe into alleged fraud.

Yuri Ushakov said the meeting between Vladimir Putin and Steve Witkoff was "very useful," but that no "compromise option has not yet been found."

European leaders are hoping to bolster the controversial plan, which Ukraine's Volodymyr Zelenskyy said was forcing his country to choose between "dignity" and a "key partner."

U.S. Secretary of State Marco Rubio was expected to miss Wednesday's meeting, which will unfold during high-stakes negotiations in Moscow and in Europe about Ukraine's future.