On December 12, Ukrainian President Volodymyr Zelensky announced Russia's intentions to facilitate a prisoner exchange by the end of the year as part of the peace plan talks. While initial agreements between Ukraine and Russia exist, Russia is pushing for elements of a peace deal to be included in the negotiations.
Donald Trump commented on his possible involvement in negotiation efforts and emphasized the importance of security guarantees for Ukraine. White House spokesperson Levitt stressed the need for meaningful progress, while Ursula von der Leyen urged Trump not to interfere in European democratic processes.
Ukraine proposed creating a demilitarized free economic zone in the Donbas for US investment, although questions about trust in Ukraine's legal system remain. Trump is pressuring European partners to advance peace talks, and a meeting with European and coalition representatives is expected soon.
The EU is discussing financial support for Ukraine for 2026–2027, with a crucial summit scheduled for December 18. The EU Commission has been empowered to keep €210 billion of Russian assets frozen until reparations are paid to Ukraine.
Other notable events include drone attacks in Yaroslavl, a fire at a Russian oil refinery, and strikes on Ukraine's Odesa energy infrastructure. The IOC has allowed Russian and Belarusian youth athletes to compete, and Hungarian PM Orban is moving to amend the constitution to strengthen the president's powers.
Further analysis and implications of these developments will be covered in the summary program of the Veza Center for Civic Analytics.
