US EditionEU faces key summit on using Russian assets for Ukraine
EU leaders debate a €200 billion frozen Russian asset scheme to fund Ukraine amid Belgian legal concerns and a €90 billion financing target for Kyiv, officials said.
- This Thursday, EU leaders will meet in Brussels to decide whether to use the European Commission's proposal to tap €210 billion of frozen Russian assets for Ukraine, amid Belgium's resistance.
- On Monday, EU foreign policy chief Kaja Kallas said negotiations have limited days as Brussels estimates Kyiv needs 135 billion to cover its budget, with the EU proposing 90 billion.
- Euroclear, Belgium-based deposit organisation, holds most frozen reserves, supported by the EU's `three-tier defense`, while Moscow has sued Euroclear, which EU officials called 'speculative'.
- Diplomats warn the outcome will test Europe's political capacity to act as EU officials say they will not leave the summit until funding Ukraine is agreed, while the Belgian government demands legal guarantees amid Moscow risks.
- With little appetite for direct loans, the EU's fallback plan faces budget resistance as Washington views the assets as a bargaining chip and critics warn Europe must act to avoid losing leverage.
35 Articles
35 Articles
It feels like Callas has found a way to save Belgium from pressure on Russian assets: EADaily
EADaily, December 16th, 2025. Belgium is under strong pressure from different sides regarding Russian assets, therefore The EU should decide on their transfer to Kiev as soon as possible: if someone is dissatisfied with them, they can sue the European Union. This was stated at a press conference by the head of the European Diplomacy…
It's the week of truth for Ukraine. Negotiations on a peace proposal are nearing a climax, and a decision is being made in Brussels regarding frozen Russian billions. Visiting Prime Minister Dick Schoof, Ukrainian President Volodymyr Zelenskyy says he continues to count on Dutch aid and billions from Russia.
The EU plans to use the Russian Central Bank's frozen assets to finance a loan to Ukraine, including against the resistance of individual Member States. Now Moscow is preparing for a counter-strike. Putin plans to access these Western assets.
The Union Group calls for the involvement of the Bundestag in the event that Germany enters into financial obligations in connection with the plans to use frozen Russian assets for the support of Ukraine. It is a "subject with serious consequences", said Union Parliament Managing Director Steffen Bilger (CDU) in Berlin on Tuesday. "The Bundestag must definitely deal with it."The EU wants to use some of the Russian central bank funds frozen in Eu…
Coverage Details
Bias Distribution
- 38% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
