First, the details of the plan would appear to be unacceptable to Ukraine unless there is a dramatic shift in the mindset in Kyiv — so the war’s end may not be imminent. Second, in the unlikely event of a peace deal being signed soon and according to the terms being floated,

Foreign ministers learned of the U.S.-Russia peace proposal from news reports, discovering a framework that would cede Ukrainian territory without input from allies who've bankrolled Kyiv's defense.

European leaders failed to agree on the "Reparations Loan" for Kyiv last month and will discuss it again at a summit on December 18.

Ukrainian President Volodymyr Zelenskyy confirmed receipt of the draft on Thursday, writing on Telegram that his country has “been striving for peace since the first seconds of the Russian invasion” and would “support all meaningful proposals that can bring real peace closer.”

European Union officials warned Ukraine on Thursday that it must keep cracking down on graft in the wake of a major corruption scandal that could hurt the country's ability to attract financial help.

Hungary's Foreign Minister Peter Szijjarto on Thursday said the European Union should stop sending money to the Ukrainian government after corruption reports.

KYIV, Ukraine (AP) — European Union officials warned Ukraine on Thursday that it must keep cracking down on graft in the wake of a major corruption scandal that could hurt the country’s ability to attract financial help. But they also offered assurances that aid will continue to flow as Kyiv strains to hold back Russia’s invasion.

A 28-point "draft plan", backed by the United States, to end the Russia-Ukraine war reportedly calls for the "recognition of Crimea and other regions that the Russians have taken." Stay updated with the latest Trending, India , World and US news.