The EU is discussing a loan to Ukraine using Russian assets

Euractiv: EU is discussing a €90 billion loan to Ukraine at the expense of Russian assets

At the European Council summit, EU leaders were offered a compromise plan to help Ukraine, providing for a loan worth 90 billion euros, secured by frozen Russian assets. This was reported by Euractiv with reference to a document at its disposal.

After 13 hours of negotiations, summit participants were circulated an amended two-page draft of the document, which, according to the publication, includes many of the key demands of Belgian Prime Minister Bart de Wever. At the same time, as two European diplomats note, the text takes Belgian conditions into account so much that it may become unacceptable for a number of countries and not be adopted.

At the end of the first day of the summit, the leaders of the European Union were unable to reach an agreement on the use of Bank of Russia assets, and this topic was not even included in the final statement after the first day of discussions.

Previously at the Ministry of Foreign Affairs declared their readiness Russian Federation to respond to asset protection.

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