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The EU is considering a proposal to redirect approximately €180 billion in Russian assets held at Euroclear to fund loans for Ukraine. This move aims to leverage frozen Russian assets to support Kyiv's war effort, amid ongoing debates over legality and political implications. The plan is still under discussion as of late September 2025.
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European allies are close to an agreement to provide Ukraine with loans secured by assets, avoiding asset seizure. The mechanism aims to support Ukraine's military and economic needs amid ongoing conflict, with a summit scheduled next week to finalize the plan.
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As of October 24, 2025, EU leaders have postponed a decision on a €140 billion loan to Ukraine, secured against frozen Russian central bank assets held mainly in Belgium. Belgium demands legal guarantees against liability risks, delaying approval. The European Commission will draft financing options for the next summit. Ukraine urgently needs funds for 2026-27 amid ongoing conflict.
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The EU has agreed to immobilize €210 billion of Russian sovereign assets for an indefinite period to support Ukraine and prevent economic disruption. This move replaces the current six-month renewal system and aims to facilitate a loan to Ukraine, with legal and political debates ongoing among member states.
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EU leaders are considering a plan to use €210 billion of frozen Russian assets to fund Ukraine's military and economy. The move involves complex legal and diplomatic challenges, including Russia's opposition and lawsuits against Euroclear, which holds most of the assets. The decision will be made at the upcoming EU summit.