European Union officials have spent months focused on a plan to use frozen Russian assets to make a loan to Ukraine that could help Kyiv fight the next phase of the war. The loan plan, through which the European Union would use Russia’s central bank assets in Belgium to funnel 140 billion euros, or about $160 billion, to Ukraine, was expected to move forward at the bloc’s political meeting last month. The loan plan, through which the European Union would use Russia’s central bank assets in Belgium to funnel 140 billion euros, or about $160 billion, to Ukraine, was expected to move forward at the bloc’s political meeting last month.
Author: The New York Times
Published at: 2025-11-17 22:16:32
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