European Union leaders have agreed on a new financial approach to keep Ukraine’s war effort funded, choosing a politically ...
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EU leaders will loan 90 billion euros to Ukraine, but fail to agree to use frozen Russian assets
By Lili Bayer, Andrew Gray and Andreas Rinke BRUSSELS, Dec 18 (Reuters) - European Union leaders decided on Friday to borrow cash to loan 90 billion euros ($105 billion) to Ukraine to fund its defence ...
Ukrainian President Volodymyr Zelenskiy, who took part in the summit, urged the bloc to agree to use the Russian assets to provide the funds he said would allow Ukraine to keep fighting.
The European Union has imposed asset freezes totalling hundreds of billions of dollars on at least 31 countries.
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