EU agrees to new Ukraine loan
Digest more
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.
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.
About 1,000 honking tractors rolled into the Belgian capital to heap pressure on an EU leaders’ summit where the deal’s fate hung in the balance
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,
EU chief Ursula von der Leyen says the bloc must make a decision on financing Ukraine at a crunch summit this week, with leaders under pressure to agree on a plan to use frozen Russian assets. "There is no more important act of European defence than supporting Ukraine's defence,