Brief by Shorts91 Newsdesk / 02:03pm on 18 Dec 2025,Thursday International
Ukrainian President Volodymyr Zelensky has called on EU leaders in Brussels to loan billions of euros from frozen Russian assets, primarily held by Belgium’s Euroclear, to support Ukraine’s military and economic needs. Russia’s €210 billion in EU assets could fund up to €90 billion over two years, covering much of Ukraine’s projected requirements for 2026–2027. While countries like Germany and Italy back the plan, Belgium and Hungary remain hesitant, citing legal and financial risks. The decision requires a qualified majority among EU states. Zelensky emphasized urgency, warning Ukraine’s finances could run dry without action. (PC: BBC)
