Skip to content
Search

Latest Stories

Analysis

What’s next for Zelensky?

​Ukrainian President Volodymyr Zelensky inspects a guard of honor by the Irish Army in Dublin, Ireland, on December 2, 2025.

Ukrainian President Volodymyr Zelensky inspects a guard of honor by the Irish Army at Government Buildings during an Irish State visit, in Dublin, Ireland, on December 2, 2025.

REUTERS/Clodagh Kilcoyne
Make us preferred on Google

It hasn’t been an easy year for Ukrainian President Volodymyr Zelensky – and not just because Russia is still invading his country.

US President Donald Trump’s return to office heralded a sharp slowdown in new White House spending on Ukraine – it has dropped to virtually zero this year. Europe has made up for some of the shortfall, but is now struggling to find new funds for the war effort. Further, the US recently authored a plan that would force Ukraine to relinquish sizable parts of its territory.

Now, a corruption scandal is engulfing the Ukrainian leader, forcing his top aide, Andriy Yermak, to resign. Yermak was officially Zelensky’s chief of staff, but reportedly held a far greater role – he was also the vice president, lead negotiator, and held vast powers on economic and security matters. His exit will thus leave a major void in Zelensky’s government.


What this means for peace negotiations. The Trump administration believes that the corruption scandal will make Zelensky more willing to accept a peace agreement – even one that includes measures that have been red lines for Kyiv. Trump has been publicly pressuring the Ukrainian leader, dishing out another ultimatum for accepting a deal that involves giving up land in exchange for security guarantees.

The message seemed to fall on amenable ears: Zelensky told his countrymen on Nov. 21 that he must either accept a deal or lose the US as an ally. Washington and Kyiv reportedly made a little more progress during talks in Miami over the weekend.

Not so fast. There’s just one problem with the White House’s belief that it can pressure Zelensky into accepting a deal: Ukrainian soldiers don’t support the US peace plan, and Ukrainians at large increasingly believe that Washington is trying to force Kyiv to accept an unfair peace deal, according to polling from the Kyiv International Institute of Technology. If Zelensky accepts a bad deal, it might further harm his domestic standing.

“Zelensky’s political problems arguably make it even harder for him to make any major concessions to secure a cease-fire,” said Eurasia Group’s Eastern Europe expert Alex Brideau. “While the public wants negotiations and an end to the war, it does not support a deal that meets Russian demands on territory and neutrality.”

What does Zelensky want? He is focused on “obtaining security guarantees from Western partners that would protect the country from any future Russian invasion,” said Brideau. The US has offered this to Ukraine, but with the caveat that they must hand land to Russia that the Kremlin hasn’t yet taken – something the comedian-turned-wartime leader isn’t ready to do.

As such, Zelensky on Monday turned to a more sympathetic ally for support: Europe. The continent has been Ukraine’s principal supporter this year, and was quietly aghast at the 28-point peace proposal that the US released last month. After meeting with Ukraine’s leader in Paris, French President Emmanuel Macron reiterated that it was up to Kyiv whether it chooses to cede territory.

Not rushing yet. Zelensky wants to make a deal “as quickly as he can,” per Brideau. The Ukrainian leader even said that “now more than ever, there is a chance to end this war,” while visiting Ireland on Tuesday. However, he isn’t time-constrained, in large part because Ukraine refuses to hold an election during wartime – Zelensky’s five-year term technically expired 18 months ago.

“Under martial law, Ukraine cannot hold national elections,” says Brideau. “Until there is a path for a lasting cease-fire, the government will keep renewing the martial law declaration every three months.”

If there was an election, recent polling suggests that Ukraine’s Ambassador to the United Kingdom Valerii Zaluzhnyi would defeat Zelensky in a hypothetical race.

The incumbent leader, though, has said that he would step down if the war ended. For all the various negotiations that have taken place between Kyiv, Moscow, and Washington, this isn’t necessarily going to happen imminently.

“A quick deal will remain elusive,” said Brideau, “given the wide gulf between Russia and Ukraine on their core demands and insufficient external pressure to force a change by one or both.”

More For You

Supporters of the Forever Canadian group, who want Alberta to remain in Canada, wave Canadian flags as they wait for the results of a non-binding referendum on Alberta sovereignty in Edmonton, Alberta, Canada October 19, 2026.

Supporters of the Forever Canadian group, who want Alberta to remain in Canada, wave Canadian flags as they wait for the results of a non-binding referendum on Alberta sovereignty in Edmonton, Alberta, Canada October 19, 2026.

REUTERS/Todd Korol
Alberta is staying in Canada. After a long night of ballot counting, with some polling stations open until 10:30 pm due to long lines and late starts, voters in the oil-rich western Canadian province decisively rejected taking steps toward independence. Seventy-six percent voted to remain part of Canada, while 24% voted to initiate a secession [...]
Washington’s controversial new approach to foreign aid
What do countries receiving US foreign aid owe Washington? Since returning to power in 2025, the Trump administration has drastically changed the answer to this question, pursuing an ‘America First’ philosophy that is dramatically more transactional: the US will give you money, but you must give the US something valuable in return.In the [...]
Refugees and migrants arrive on an overcrowded boat on the Greek island of Lesbos, November 10, 2015. Since the start of the year, over 590,000 people have crossed into Greece, the frontline of a massive westward population shift from war-ravaged Syria and beyond.

Refugees and migrants arrive on an overcrowded boat on the Greek island of Lesbos, November 10, 2015. Since the start of the year, over 590,000 people have crossed into Greece, the frontline of a massive westward population shift from war-ravaged Syria and beyond.

REUTERS/Alkis Konstantinidis
Anti-immigration political parties are making big gains across Europe these days. Germany’s Alternative for Germany (AfD) party just won two major state parliamentary elections, campaigning in part on mass deportations of undocumented immigrants. Spain’s far-right Vox party continues to grow in popularity, especially after a recent surge of [...]
MF Communications Officer Jose Luis De Haro, Director of the Research Department at the IMF Silvana Tenreyro, Deputy Director of the Research Department at the IMF Petya Koeva-Brooks and Division Chief at the Research Department of the IMF Deniz Igan attend a press briefing during the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC)

IMF Communications Officer Jose Luis De Haro, Director of the Research Department at the IMF Silvana Tenreyro, Deputy Director of the Research Department at the IMF Petya Koeva-Brooks and Division Chief at the Research Department of the IMF Deniz Igan attend a press briefing during the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 13, 2026.

REUTERS/Patipat Janthong
The people tasked with safeguarding the world’s financial stability are gathering in Bangkok, Thailand, this week. Central bankers, finance and development ministers, private sector leaders, civil society representatives, and academics from nearly 200 countries are attending the IMF-World Bank’s annual meetings to discuss soaring public debt, the [...]