BRUSSELS

EU leaders press Belgium to use Russian assets to finance Ukraine

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EU leaders press Belgium to use Russian assets to finance Ukraine

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

Belgium rejects EU plan to use frozen Russian assets for Ukraine, saying the move is too risky

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Belgium rejects EU plan to use frozen Russian assets for Ukraine, saying the move is too risky

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