EU capitals push to revive frozen Russian assets plan for Ukraine funding
TL;DR Summary
EU heavyweights from the Netherlands, Poland, Spain and Sweden urge Brussels to restart the use of frozen Russian state assets to back a Kyiv loan, citing Ukraine's roughly €23 billion defense funding hole. Past efforts to leverage about €210 billion of assets stalled over legal/guarantee concerns, while the EU has committed a €90 billion loan to Ukraine to be disbursed over 18 months, contingent on reforms. Belgium seeks safeguards as the debate returns ahead of a foreign ministers’ gathering.
Topics:world#eu-sanctions#europe#european-commission#frozen-russian-assets#kyiv-defense-budget#ukraine-funding
- EU heavyweights call on Brussels to reignite frozen Russian asset debate politico.eu
- Four EU countries seek to reopen debate on Russian frozen assets for Ukraine Reuters
- European Countries Revive Frozen Asset Plan to Counter Russia Bloomberg.com
- EU states revive plan to use frozen Russian assets for Ukraine Financial Times
- Once again, the EU grapples with thorny questions on Russian assets Euronews.com
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