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Elliot Hayes | Senior Editor with Agencies
European nations, in coordination with Ukraine, are reportedly working on a 12-point proposal aimed at ending Russia’s ongoing war along the current battle lines, according to a new report from Bloomberg News.
The proposal, which has not yet been publicly released, would be overseen by a peace board chaired by US President Donald Trump and supported by both European and Ukrainian officials. Sources familiar with the discussions told Bloomberg that the initiative reflects growing European pressure for a ceasefire and a structured path toward long-term peace, even as tensions remain high on the battlefield.
A Framework for Ceasefire and Reconstruction
Under the reported plan, Ukraine would receive several key guarantees in exchange for agreeing to a ceasefire based on current territorial control. These include security assurances, financial support for reconstruction, and a fast-track pathway to join the European Union.
The framework would also call for the return of deported Ukrainian children and the exchange of prisoners once both Russia and Ukraine formally commit to halting territorial advances.
While the plan outlines negotiations on the future governance of occupied territories, neither European countries nor Ukraine would legally recognize any annexed regions as Russian territory, a point that remains non-negotiable for Kyiv and its allies.
Diplomatic Tensions and U.S. Involvement
The initiative comes amid renewed diplomatic activity led by the United States. European leaders have reportedly urged Washington to maintain a firm stance, demanding an immediate ceasefire as the foundation for any further talks.
However, a planned summit between President Trump and Russian President Vladimir Putin was postponed earlier this week. A senior White House official told Reuters that “there are no plans for President Trump to meet with President Putin in the immediate future,” despite earlier announcements that the two leaders would meet in Hungary to pursue peace negotiations.
The delay follows a phone call between US Secretary of State Marco Rubio and Russian Foreign Minister Sergei Lavrov, described as “productive” but ultimately insufficient to finalize details for an in-person meeting.
Trump had recently spoken with both Putin and Ukrainian President Volodymyr Zelenskiy, signaling his intent to play a central role in mediating the conflict. His previous summit with Putin, held in Alaska in August, failed to yield tangible progress toward a ceasefire.
Kremlin: “Serious Preparation Needed”
Responding to reports of the postponed meeting, Kremlin spokesman Dmitry Peskov emphasized that no date had been set for the next Trump-Putin summit. “Listen, we have an understanding of the presidents, but we cannot postpone what has not been finalized,” he said. “Neither President Trump nor President Putin gave exact dates.”
Peskov added that “serious preparation” would be required before any high-level summit could take place, stressing that the substance of the talks mattered more than the location or timing.
Russian officials have continued to insist that Ukraine must agree to territorial concessions as part of any ceasefire — a demand Kyiv has consistently rejected.
A Fragile Path to Peace
The reported 12-point plan represents one of the most detailed efforts yet to outline a potential endgame to the war, which has dragged on for more than three years and caused widespread humanitarian devastation.
European diplomats reportedly view the framework as a starting point for dialogue, not a final settlement. The ultimate success of the plan, observers note, will depend on whether both sides can agree to freeze current front lines and begin negotiations under international oversight.
For now, with no confirmed date for a Trump-Putin summit and both sides wary of political risks, the path to peace remains uncertain — but the proposal marks a tentative step toward ending one of Europe’s most destructive conflicts in decades.