EU Proposes Loan for Ukraine Using Russian Assets

Prime Minister Bart De Wever warned European Union partners to share risk of using $225B frozen Russian assets for Ukraine.
European Commission proposed $165B 'reparation loan' to Ukraine with Ursula von der Leyen saying Ukraine must repay if Russia pays reparations.
Belgium holds $225B in frozen Russian assets, while Ukraine needs $153B for 2026–27.
Russian officials rejected the plan, calling it illegal, and Belgian leaders warned of retaliation.
De Wever cited lack of legal basis, while von der Leyen claimed a legal pathway exists.

International Relations | Economic Policies | Political Decisions

Ukraine | Russia | Belgium

Bart De Wever | Dmitry Peskov | Ursula von der Leyen

1 week ago