The meeting is meant to come up with different ways to help and support the government in Kiev, but also to prepare the union for a potential refugee influx to neighbouring countries such as Poland and Slovakia.
"It's impossible to foretell what's going to happen in Ukraine. Everyone is trying to facilitate a dialogue between the two countries but whether they will listen or not is impossible to say. The situation could escalate and we need to be prepared," says Cecilia Malmström to Swedish Radio News.
Meanwhile, former Swedish foreign minister Jan Eliasson, the current Deputy Secretary-General of the United Nations, is in Ukraine to assess the situation on the ground. Eliasson is then to brief and advice the Secretary-General Ban Ki-moon on what steps the United Nations may take to prevent further escalation of the crisis.
Swedish Foreign Minister Carl Bildt is to meet with his European colleagues later to discuss the crisis.
The Swedish government meets today to decide on an extra meeting of the Advisory Council on Foreign Affairs, also to discuss the situation in Ukraine.