EU kicks off crunch summit on Russian asset plan for Ukraine
Summary
EU leaders began a critical summit to decide on using frozen Russian assets to fund Ukraine amid opposition from Belgium and ongoing US-Russia peace talks.
Key Points
- EU leaders convened a summit to discuss using frozen Russian assets to finance Ukraine.
- Belgium opposes the plan due to fears of financial and legal reprisals from Russia.
- The EU aims to provide Ukraine with 90 billion euros over two years from frozen assets.
- Ukraine and US delegations plan talks aimed at ending the Russian invasion.
- The EU’s commission has a backup plan to raise funds internally if the asset plan fails.
