European leaders are convening in Brussels for a summit that will span several days, focusing on Ukraine's ongoing support, climate ambitions, and broader geopolitical issues, with Ukrainian President Zelensky expected to participate.

The summit's agenda includes discussions on Ukraine's military and financial aid, efforts to mobilize frozen Russian assets for reparations or loans, and the broader goal of reinforcing EU support for Kyiv amid ongoing conflict.

Climate policy remains a contentious topic, with debates over a 2040 emissions reduction target, the new Emissions Trading System, and achieving climate neutrality by 2050, amid divisions among member states.

Additional issues on the agenda include the conflict in Gaza and efforts for a two-state solution, as well as ongoing discussions about sanctions against Russia, with Hungary notably not participating in some decisions.

The summit will also address the EU's response to the housing crisis and the strategic importance of managing relations with China, especially concerning restrictions on rare earths vital for technology and defense sectors.

Belgium remains hesitant about using frozen Russian assets to fund Ukraine, complicating the financing strategies, while Belgium's Prime Minister emphasizes transparency and legal clarity in asset use.

Disagreements persist among EU member states regarding climate targets, with a significant push to meet the 2040 goal and intermediate steps towards climate neutrality.

A key focus is on stabilizing financial support to Ukraine, including proposals to use frozen Russian assets for reparations, with decisions expected in the coming months.

The summit will address the veto by Slovak Prime Minister Robert Fico against new sanctions on Russia, though he has indicated a possible willingness to lift it.

Overall, the summit reflects the EU's strategic priorities amid divisions over climate goals and support for Ukraine, highlighting broader geopolitical and environmental challenges.

European leaders are also expected to discuss how to respond to China's restrictions on rare earths, balancing economic interests with geopolitical considerations.

A major point of contention involves financing Ukraine's support beyond 2025, particularly the proposal to use frozen Russian assets held in Belgium's Euroclear to provide Ukraine with a €140 billion interest-free loan.

Despite disagreements, Ukrainian President Zelenskyy will seek continued political and military backing from the EU, with a collective show of support from 26 member states, excluding Hungary.