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The UK Government is believed to be "rapidly developing" contingency plans amid escalating tensions in the Ukraine-Russia conflict. The European Union has taken the decision to freeze £184billion of Russian assets indefinitely, preventing Hungary and Slovakia - two nations with closer ties to Moscow - from blocking billions of euros earmarked for Ukrainian support. ‌

This development follows President Trump's unveiling of a 28-point peace proposal for Ukraine weeks ago, which bore striking similarities to Russian positions. Ukrainian President Volodymyr Zelenskyy has put forward an alternative proposal calling for legal guarantees of protection against future Russian aggression, as outlined by European leaders and diplomats familiar with the plan. ‌

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