Europe's Big Money Move for Ukraine Hits a Snag

EuropeThu Dec 04 2025
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Europe's plan to back Ukraine with a massive financial boost is facing some serious hurdles. The idea was to use frozen Russian assets worth up to 210 billion euros to give Ukraine a strong hand in talks with Moscow. But getting all European countries on board has been tricky, especially with Hungary and Belgium raising concerns. The European Union has been trying to find a way around this. They've come up with a new plan that doesn't need every country's approval. This could help overcome Hungary's opposition. But Belgium, where the money is frozen, is still not convinced. So, the EU is also preparing a smaller financial package, just in case. This is all happening as Europe struggles to keep up its influence on Ukraine. The U. S. has been leading peace talks, leaving Europe somewhat on the sidelines. The EU's leaders are set to discuss this at a meeting in Brussels on December 18. The big question is: Can Europe pull this off? Or will they have to settle for a less ambitious plan? It's a critical moment for Ukraine and for Europe's role in the conflict.