Ukraine urges EU to back loan using frozen Russian cash

BBC NewsThursday, October 23, 2025 at 4:06:24 PM
Ukraine urges EU to back loan using frozen Russian cash
Ukraine is calling on the European Union to support a loan initiative that would utilize frozen Russian assets. This comes as EU ministers convene shortly after the announcement of new sanctions against Russia's oil sector by both the EU and the US. This move is significant as it not only aims to bolster Ukraine's economy but also demonstrates a united front against Russian aggression, highlighting the ongoing geopolitical tensions and the importance of international cooperation.
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