The EU agrees to help Ukraine financially without Russian assets
PositiveWorld Affairs

- EU leaders have reached an agreement to provide Ukraine with a €90 billion loan, which will only need to be repaid once Russia pays reparations, following a summit in Brussels. This decision comes amidst Belgium's resistance to using frozen Russian assets for funding, citing concerns over potential repercussions from Russia.
- The financial support is crucial for Ukraine, which is facing a significant budget deficit exacerbated by the ongoing conflict with Russia. President Zelensky has been vocal in urging EU leaders to act swiftly to address Ukraine's financial needs.
- The discussions reflect a broader tension within the EU regarding the use of frozen Russian assets, with some member states advocating for immediate action while others, like Belgium, express caution. This division highlights the complexities of international finance and geopolitical strategy in the context of the war in Ukraine.
— via World Pulse Now AI Editorial System






