October 23, 2025 7:21 PM
EU vows to bankroll Ukraine for next two years as it eyes Russian frozen assets
The European Union will on Thursday agree in principle to finance Ukraine for the next two years, EU Council chief Antonio Costa said, despite a Belgian threat to block its plan to use Russian frozen assets to aid Kyiv. Ukrainian President Volodymyr Zelenskiy, a guest at the EU summit in Brussels, said a quick passage of the plan to use the immobilised Russian assets to provide Ukraine with a 140 billion euro ($163.27 billion) loan would save lives. Belgian Prime Minister Bart De Wever, whose ...