EU agrees €90bn Ukraine loan without using Russian assets
EU leaders have agreed to raise a €90bn loan to fund Ukraine for the next two years, but stopped short of adopting a proposal to use tens of billions of euro in frozen Russian assets to underwrite a long-term funding package.
EU agrees $136 billion loan for Ukraine, without Russian assets
Bubbling close to the surface of the EU’s discussion are the US efforts to forge a deal to end the war. Read more at straitstimes.com. Read more at straitstimes.com.
EU agrees €90 billion loan for Ukraine, but without Russian assets
EU leaders agree on a €90 billion loan for Ukraine, but reject using frozen Russian assets for funding.
EU agrees €90bn loan for Ukraine but without using Russian assets
Ukraine had wanted the EU to use €200 billion of frozen Russian assets but Belgium opposed the move.
EU agrees to €90B Ukraine loan — but VDL and Merz suffer defeat as assets plan fails – POLITICO
Ultimately, funding to Kyiv is secured, but not the way most of the EU wanted.
EU’s deal on Ukraine comes despite turn away from using frozen Russian assets – POLITICO
24 countries would instead keep Kyiv afloat using joint borrowing.
UK to 'share EU risk' by leveraging capital from frozen Russian assets
The development comes after Belgium said it would only back a loan for Ukraine if it receives assurances it will be shielded from Russian retaliation.
ECB’s Lagarde warns against breaking EU law with Ukraine loan – POLITICO
Top central banker says the Frankfurt institution won’t underwrite the disputed loan.
EU debates freezing more Russian assets as Zelenskyy says Ukraine needs decision by 'end of year'
The Belgians fear that the country may be held liable in the future for the use of the seized assets.
Belgium seeks protection from Russian retaliation as EU leaders weigh a massive loan for Ukraine
Belgium insisted on Thursday that its European Union partners must provide ironclad guarantees that it will be protected from Russian retaliation before it would back a massive loan for Ukraine. Ukrainian President Volodymyr Zelenskyy pleaded for a decision now to keep Ukraine afloat in the new year. At a summit…
Leaders push toward Ukraine loan deal as ‘risk-sharing’ compromise comes into view – POLITICO
Summit in Brussels goes into the night with governments still wrangling over using frozen Russian assets.
‘Ukraine needs this money’ : Zelensky is in Brussels for talks on Russian assets
Ukrainian President Volodymyr Zelensky was in Brussels for a key European Union summit, where EU leaders faced a critical decision on the use of frozen Russian assets. Zelensky urged the bloc to release the funds to support Ukraine, warning that without this financial assistance, the country risks a catastrophic economic and military situation amid its ongoing conflict with Russia. FRANCE 24’s journalists Doug Herbert and Dave Keating have this analysis.
De Wever: Ukraine funding failure would be EU disgrace, but still ‘no’ to using Russian assets – POLITICO
The European Commission’s idea amounts to serving and eating a goose that lays golden eggs, Belgian PM tells MPs before critical summit.
last updated on 19 Dec 05:46