Bloomberg has found that Ukraine and its European allies are proposing revisions to the US "peace plan", focusing on future security guarantees for Ukraine and the use of frozen Russian assets.

Source: Bloomberg, citing sources familiar with the matter, as reported by European Pravda

Details: Bloomberg reports that the European counter-proposal to the US plan includes, among other things, providing Ukraine with US security guarantees equivalent to those outlined in Article 5 of the North Atlantic Treaty.

Furthermore, the US would be compensated for providing such guarantees, although the format of this compensation is not specified.

Moreover, Kyiv's European partners propose that Russia's frozen assets be used to support Ukraine's recovery and compensate for the damage caused. These assets would remain frozen until Moscow agrees to such compensation, according to Bloomberg.