EU has a plan to use frozen Russian assets to fund Ukraine – how will it work?
What are the legal implications, and why does Belgium fear being left alone with the bill?The European Commission has proposed providing Ukraine with €90bn in funding over two years, which it says will meet two-thirds of Kyiv’s financing needs for 2026 and 2027 and allow it to engage in peace...
<p>What are the legal implications, and why does Belgium fear being left alone with the bill?</p><p>The European Commission has proposed providing Ukraine with €90bn in funding over two years, which it says will meet two-thirds of Kyiv’s financing needs for 2026 and 2027 and allow it to engage in peace talks “from a position of strength”.</p><p>There are two options for generating the money. It could be a “reparations loan” based on Russian assets frozen in the bloc, the option favoured by the commission but strongly resisted by Belgium, which hosts most of the assets.</p> <a href="https://www.theguardian.com/world/2025/oct/23/eu-has-a-plan-to-use-frozen-russian-assets-to-fund-ukraine-how-will-it-work">Continue reading...</a>
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