“This weakness is not ours, but the world’s, which has not dared to deal with terrorists in the way they deserve for three years,” he said in a post on X.

If the decision is given the green light by EU finance ministers next Tuesday, the interest generated – up to €3 billion (£2.5 billion) annually – will be directed towards purchasing weapons for Ukraine.

Ukrainian authorities are accusing a member of parliament of stealing more than £220,000. They say this MP bought a lot of stuff that they couldn’t afford with their official salary.

Ukraine has begun using long-range ballistic missiles secretly provided by the US against invading Russian forces, American officials have confirmed. The weapons were part of a $300m aid package approved by Joe Biden in Match and arrived this month.

US President Joe Biden has told Ukrainian President Volodymyr Zelensky he will “move quickly” to send Ukraine fresh military aid after US lawmakers passed a $61bn aid package. 

The tension between Russia and Ukraine has escalated to a new level as German police have arrested two suspected Russian agents for allegedly planning to bomb military sites and industrial areas in order to disrupt the delivery of aid to Ukraine.