According to European diplomats familiar with the inside story, the US recently lobbied several EU member states to try to prevent the EU's plan to use frozen Bank of Russia assets to guarantee large loans to Ukraine. The diplomats said that US officials insisted on member states that these assets should be used to facilitate a peace agreement between Kyiv and Moscow, not prolong the conflict. According to some sources familiar with the matter, the US 28-point peace plan has been revised since it was first proposed last month, but the issue of asset disposal and issues such as the status of the Ukrainian territory and the provision of solid security guarantees for Kyiv are still the main points of disagreement. European leaders insist that how to use these assets is an internal European matter, as frozen funds are mainly stored in Europe.

According to European diplomats familiar with the inside story, the US recently lobbied several EU member states to try to prevent the EU's plan to use frozen Bank of Russia assets to guarantee large loans to Ukraine. The diplomats said that US officials insisted on member states that these assets should be used to facilitate a peace agreement between Kyiv and Moscow, not prolong the conflict. According to some sources familiar with the matter, the US 28-point peace plan has been revised since it was first proposed last month, but the issue of asset disposal and issues such as the status of the Ukrainian territory and the provision of solid security guarantees for Kyiv are still the main points of disagreement. European leaders insist that how to use these assets is an internal European matter, as frozen funds are mainly stored in Europe.