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EU leaders consider using seized Russian assets to fund a loan to Ukraine

EU leaders are considering a plan to provide Ukraine with long-term financial and military aid using frozen Russian assets. This initiative aims to support Ukraine independently of the United States, which has halted aid. The proposed "reparation loan" would be backed by billions in frozen Russian funds, primarily held in Belgium. While the European Commission believes it offers a sound legal path, some member states express concerns, and Russia has condemned the plan as "theft." The proposal seeks to secure Ukraine's defense capabilities for years to come.

Prepared by Rachel Morgan and reviewed by editorial team.

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