EU holds crunch summit on Russian asset plan for Ukraine
Summary
EU leaders meet in Brussels to decide on a plan to use frozen Russian assets to support Ukraine amid concerns from Belgium and efforts to strengthen Kyiv's position as the war nears four years.
Key Points
- EU leaders are holding a crucial summit in Brussels to finalize a plan to use frozen Russian central bank assets to support Ukraine.
- Belgium opposes the plan due to fears of financial and legal retaliation from Russia, complicating EU efforts.
- The EU proposes loaning 90 billion euros to Ukraine using the frozen Russian assets, with repayment contingent on reparations from Russia.
- US President Donald Trump is pushing for a quick deal to end the Ukraine war, with US and Russian officials meeting soon to discuss peace plans.
