EU delays Mercosur trade deal
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EU agrees €90 billion loan for Ukraine
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Ukrainska Pravda on MSN
Zelenskyy arrives in Brussels for EU summit
Ukrainian President Volodymyr Zelenskyy arrived in Brussels on Thursday 18 December, where a summit of European Union leaders has just started. Source: Dmytro Lytvyn, Zelenskyy's communications adviser,
Under pressure at home, Belgium’s leader treads a tight rope with EU partners over funds for Ukraine
Belgium was always at the heart of the European Union. Now it's at the center of tensions over a plan to use frozen Russian assets to fund Ukraine.
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EU leaders will loan 90 billion euros to Ukraine, but fail to agree to use frozen Russian assets
European Union leaders decided to borrow cash to loan $105 billion to Ukraine to fund its defence against Russia for the next two years rather than use frozen Russian assets, sidestepping divisions over an unprecedented plan to finance Kyiv with Russian sovereign cash.
ABC News' Ian Pannell reports on the EU summit set to discuss whether billions of euros in frozen Russian assets will be given to Ukraine.
The European Commission has proposed that the leaders use some of the frozen assets — totaling 210 billion euros ($246 billion) — to underwrite a 90 billion-euro ($105 billion) “reparations loan” to Ukraine. The U.K., Canada and Norway would fill the gap.