US EditionEU leaders prepare to take unprecedented steps to help Ukraine at a high-stakes summit
- European Union leaders will discuss using frozen Russian assets to support Ukraine's economy and military at a summit starting Thursday.
- European Commission President Ursula Von Der Leyen stated the need to fund Ukraine for the next two years at this European Council.
- The European Commission proposed using 210 billion euros in frozen assets to support a 90 billion-euro reparations loan to Ukraine.
- A senior EU diplomat indicated that this is a new approach, noting that everyone has questions about the plan.
14 Articles
14 Articles
EU Faces High-Stakes Decision on Ukraine Aid
EU Faces High-Stakes Decision on Ukraine Aid Just days before a crucial EU summit, European Union leaders face the daunting task of deciding whether to utilize tens of billions in frozen Russian assets to aid Ukraine during its economic crisis.While the European Commission confidently backs the plan, there's internal dissent, with concerns over the impact on trust in the euro and potential Russian retaliation looming large.The stakes are enormou…
Associated Press News
EU leaders prepare to take unprecedented steps to help Ukraine at a high-stakes summit
European Union leaders are about to attempt something unprecedented. They will weigh at a summit starting Thursday how to use frozen Russian assets to support Ukraine's economic and military needs.
The leaders of the European Union are about to try something they have never tried before. The chances of failure are significant. Their actions this week could set dangerous precedents and a false move could undermine confidence among the 27 member countries of the bloc for years.
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