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The "Coalition of the Willing" has prepared plans for deploying troops in Ukraine if necessary, according to Starmer. Poland will not participate in multinational forces in Ukraine, said Tusk. The US and Europe are working on security guarantees to prevent a resurgence of war, Trump stated. Politico reports that the US is demanding Ukraine cede territories in exchange for security assurances. Zelensky affirms that Ukraine does not recognize Donbass as Russian, either de jure or de facto.

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European leaders and Zelensky to meet in The Hague on December 16 to establish International Commission for Moscow-Ukraine compensation claims, totaling hundreds of billions of dollars, reports RTRS.

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EU remains "light years" from confiscating Russian assets, says Polish Prime Minister. The likelihood of a decision to seize Russian assets at the upcoming EU summit appears slim, according to Tusk.

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A summit of seven EU countries focused on "protection from Russia" is scheduled to take place in Helsinki. The Bank of Canada is set to resume treasury bill purchases. Several PMI reports are due across Australia, Japan, India, Germany, the Eurozone, the UK, and the US. Germany and the Eurozone will publish ZEW Economic Sentiment data. In the US, key reports on employment, housing starts, and oil inventories are expected. In Russia, Bank Saint Petersburg and Henderson are scheduled to release their financial results.

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President Trump confirms administration is exploring potential regulatory easing in the cannabis sector.

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