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EU proposes using frozen Russian assets or borrowing to give Ukraine 90 bln euros
The European Commission seeks to shift asset freeze renewal decisions to qualified majority voting to secure $153 billion in frozen Russian funds for Ukraine, addressing veto risks.
- The European Commission proposed using frozen Russian assets or international borrowing to raise 90 billion euros for Ukraine to support military and basic services during the war.
- Commission President Ursula von der Leyen stated, "We are proposing to cover two-thirds of Ukraine's financing needs for the next two years."
- A Belgian government official expressed concerns, saying, "Belgium cannot accept being asked to bear the risks of such an operation alone.
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11 Articles
11 Articles
EU Presents Plan To Use Russian Assets For Ukraine As Belgium Frets
·New York, United States
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"Ukraine can't be alone. We have to ensure that the money is still available. We are able to get the funds necessary for Ukraine even without frozen assets," supported Mark Rutte.
·Portugal
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EU proposes using frozen Russian assets or borrowing to give Ukraine 90 bln euros
The European Commission proposed on Wednesday an unprecedented use of frozen Russian assets or international borrowing to raise 90 billion euros ($105 billion) for Ukraine to cover its struggling military and basic services against Russia's war.
·United Kingdom
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Coverage Details
Total News Sources11
Leaning Left5Leaning Right1Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 40%
Factuality
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