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 Hungar
Ukraine's President Zelensky is in Ireland, talking about peace with Russia. He met with Irish Prime Minister Micheál Martin. Zelensky said peace talks are tricky. He wants clear security promises from the US and Europe. He also wants Russia's frozen money in Europe to help Ukraine. Zelensky said p
Andrei Kostin, a key figure in Russia's banking sector, has issued a stern warning to the European Union. He believes that if the EU proceeds with plans to use frozen Russian assets to support Ukraine, it could lead to a lengthy legal battle. This comes after EU leaders recently attempted to agree o
The EU is in a tough spot. They need to find a way to help Ukraine financially, but Belgium is making it hard. Belgium wants some serious guarantees before they agree to use Russian assets to help Ukraine. This is making the EU leaders think of a backup plan. The EU might have to borrow money to gi
Belgium's prime minister has expressed concerns about a European Union (EU) plan to use frozen Russian state assets to support Ukraine. Bart De Wever believes this move could complicate efforts to reach a peace deal in the ongoing conflict. De Wever shared his thoughts in a letter to the European C
The EU is facing a tough situation. They want to help Ukraine with money in 2026 and 2027. The plan is to use frozen Russian assets, mostly held in Belgium. These assets could be turned into a loan for Ukraine. But there are some big hurdles to overcome. First, Belgium has concerns. They want guara
Belgium is facing a big choice. There's a plan to lend Ukraine €140 billion. The money would come from Russian assets frozen in Euroclear, a major financial center in Brussels. The idea is to use this cash as security for the loan. The loan would be repaid with future reparations from Russia. Many c
Russia's Kremlin has made it clear that discussions about canceling the upcoming meeting between Russian President Vladimir Putin and U. S. President Donald Trump are premature. However, they also emphasized that proper preparation is essential for such a high-level meeting. Kremlin spokesman Dmitry
In the wake of the Ukraine conflict, a significant number of Russian investors find themselves in a tricky situation. Their assets, held in European depositories, have been frozen, leaving them in a state of uncertainty. The European Union is currently considering using these frozen funds, including
Ukraine is pushing back against Europe's proposed conditions on a massive loan backed by frozen Russian assets. The country argues that it needs full control over how to use the $163 billion to defend itself, rebuild, and compensate victims. Some European nations want to limit the loan's use to buy
