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EU Keeps Ukraine Aid Front and Center as Russian Asset Debate Drifts

The European Commission says immobilised Russian Central Bank assets are not the immediate focus, with priority on disbursing €90 billion in Ukraine aid and assessing Kyiv’s budget shortfall with the IMF. While some member states and lawmakers push to tap the €210 billion via a custodian at Euroclear, Belgium remains opposed and Euroclear faces a legal challenge, and no new legal text is on the table yet as officials signal possible re-engagement on the assets.

28 days ago•Source: Euronews.com

EU leaders weigh China threats against a tight, retooled budget

politics-europe

8.73 min•3 months ago

EU leaders weigh China threats against a tight, retooled budget

EU leaders meet for a two-track summit focusing on how to counter China’s impact on Europe’s economy and how to resolve a stubborn seven-year budget. Northern/frugal capitals want a smaller, modernized budget with more own resources, while southern/eastern members seek to protect cohesion spending. The debate centers on redirecting funds from traditional areas like agriculture to defense, R&D, and energy resilience, with a year-end goal to reach a 2028 budget deal despite domestic populist pressures.

via politico.eu

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EU Keeps Ukraine Aid Front and Center as Russian Asset Debate Drifts

EU leaders weigh China threats against a tight, retooled budget

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