US EditionUkraine resists EU conditions on loan backed by frozen Russian assets: Reuters
EU leaders consider a $163 billion loan for Ukraine from frozen Russian assets to fund defence, reconstruction, and compensation with repayment tied to future Russian reparations.
- On Thursday, EU leaders will consider a 140-billion-euro reparations loan using frozen Russian central bank assets in Brussels, with Ukrainian President Volodymyr Zelensky joining the summit.
- With U.S. support uncertain, EU leaders say supporting Ukraine has grown harder after Trump signalled limited new aid amid Ukraine's 2026 budget gap of $18 billion.
- Belgium, which holds the bulk of the funds at Euroclear, has demanded liability guarantees amid legal hurdles under international law restricting confiscation of sovereign assets, while the European Commission proposes earmarking most for European-made weapons.
- Even if leaders give an initial nod, months of wrangling lie ahead as EU governments would lend funds repaid only after Russia pays war reparations, while the Kremlin called the plan an illegal seizure.
- Facing internal disagreement, some states want funds spent on European defence industries, while Iryna Mudra urges autonomy for Kyiv to buy non-European arms, fund reconstruction and victim compensation.
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96 Articles
EU Commission Plan Of ‘Russian Assets’ Loan To Ukraine Ends In Defeat - The Ron Paul Institute for Peace & Prosperity
A month ago I discussed a new hare-brained scheme by which the EU would confiscate Russian government money parked in Belgium. The Russian money would be used to finance a EU ‘reparation loan’ to Ukraine which would only have to be paid back when Russia would pay war reparations to Ukraine. That at least was the official pronunciation which turned out to be a quite obvious fake. Another Crazy Idea On How To Steal Russia’s Assets: Make EU Taxpaye…
Moscow Warns of ‘Boomerang Effect’ as EU Fails to Unite on Asset Seizure Plan - teleSUR English
European Union leaders failed to agree on whether to use frozen Russian assets as backing for a contentious loan to Kiev’s regime, after Belgium insisted on tougher legal protections, multiple outlets reported. The issue is likely to resurface on the December agenda. RELATED: European Union Expands Sanctions on Russia Bloomberg and Politico say talks at Thursday’s Brussels summit made little progress on a plan to leverage immobilized Russian fun…
At the EU summit, the heads of state and government came up with the question of whether they could use frozen Russian assets to lend more money to Ukraine. The discussion was bumpy – and failed for the moment.
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