EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine

BBC NewsFriday, December 12, 2025 at 7:14:51 PM
EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
  • The European Union has endorsed an indefinite freeze on Russian assets, a decision made in light of Ukraine's urgent financial needs as it faces a cash shortfall of approximately €135.7 billion over the next two years due to ongoing conflict. This move aims to bolster Ukraine's economy amidst the prolonged war with Russia.
  • This development is crucial for Ukraine, as access to these frozen funds could provide significant financial support necessary for its recovery and stability, especially as military and humanitarian needs continue to escalate amid the war.
  • The decision reflects broader geopolitical tensions, as European leaders navigate the complexities of supporting Ukraine while managing relations with Russia. The EU's stance contrasts with proposals from other nations to unlock Russian assets, highlighting differing strategies in addressing the ongoing crisis and the potential implications for future peace negotiations.
— via World Pulse Now AI Editorial System

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