BRUSSELS (AP) — European Union leaders agreed Friday to provide massive interest-free loans to Ukraine to meet its military and economic needs for the next two years, but failed to bridge differences with Belgium that would have allowed them to use frozen Russian assets to raise the funds. After nearly four years of war, the … Read more
Belgium was under increasing pressure at a summit of EU leaders in Brussels to back plans to provide Ukraine with billions of euros using frozen Russian assets to cover Kiev’s economic and military needs for years to come. Polish Prime Minister Donald Tusk has warned of serious consequences if no solution is found before the … Read more
BRUSSELS (AP) — Belgium on Wednesday rejected a plan to use frozen Russian assets to help boost Ukraine’s economy and war effort over the next two years, saying the scheme poses huge financial and legal risks. Ukraine’s budget and military needs for 2026 and 2027 are estimated to total around 130 billion euros ($150 billion). … Read more