US EditionEU leaders face crunch decision on using frozen Russian assets for Ukraine
EU leaders agreed on a €90 billion loan for Ukraine funded by EU borrowing, avoiding use of €210 billion frozen Russian assets amid legal and political concerns.
- On Thursday, European Council President Antonio Costa will lead EU leaders in Brussels to decide on using tens of billions of euros in frozen Russian assets to fund Ukraine's needs, with negotiations ongoing.
- European Commission President Ursula von der Leyen and Kaja Kallas pushed the Reparation Loan to sustain Ukraine's funding and raise the war's cost for Russia, arguing it is existential to avoid collapse.
- Euroclear holds around 193 billion euros of frozen Russian assets, and the Commission's plan would loan about 90 billion euros to Ukraine, Fitch placing Euroclear on ratings watch on December 17.
- Seven opposing member states, including Italy, have declared they will vote no, while German Chancellor Friedrich Merz calls the outcome '50/50' and Spain's vote is pivotal.
- The White House is pursuing a competing $300bn plan, while Russia's nationalisation decree and legal claims by at least 24 oligarchs raise retaliation risks and legal uncertainty.
361 Articles
361 Articles
Putin labels EU ‘robbers’ over plan to use frozen Russian assets
NewsFeedPresident Vladimir Putin called EU officials ‘robbers’ over their plan to use frozen Russian assets to help fund Ukraine’s defence, stating that the move could upset the ‘foundations of the financial world order’.Published On 19 Dec 202519 Dec 2025Click here to share on social mediashare2Share Article Attribution | Read More at Article Source The post Putin labels EU ‘robbers’ over plan to use frozen Russian assets appeared first on Rock…
EU Effort to Use Russian Funds to Support Ukraine Collapses - EU Takes Out Loan to Support Zelenskyy
The grand plans of the EU Leadership failed to generate their desired result. Initially, Ursula von der Leyen, Friedrich Merz, Emmanuel Macron and Keir Starmer intended to permanently confiscate the Russian sovereign wealth fund and use it to fund their interests in Ukraine. However, the EU coalition didn’t agree. After 16 hours of failed internal […]
The EU heads of state and government ran for Russian assets for 16 hours. Merz-e 210 billion plan ultimately failed to resist – not only Belgium. A comment.
The Belgian company Euroclear has 185 of them in cash. And it claims "guarantees" from the other European countries
Union Unlocks 90 billion Financial Lifeline for Kiev but fails to mobilise Russian assets frozen
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
