European leaders near deal to use frozen Russian assets for Ukraine

The Guardian•Monday, October 20, 2025 at 4:00:33 AM

European leaders are on the verge of finalizing a significant deal to use frozen Russian assets to provide Ukraine with a €140 billion loan. This initiative, which has gained momentum following discussions among G7 finance ministers, is crucial for Ukraine's ongoing defense efforts amid the ongoing conflict. The Polish foreign minister expressed optimism about reaching a resolution by the year's end, highlighting the importance of this financial support for Ukraine's stability and resilience.

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