US EditionEU proposes using frozen Russian assets or borrowing to give Ukraine 90 bln euros
The European Commission aims to cover two-thirds of Ukraine’s 2026-27 financial needs with a €90 billion loan from frozen Russian assets, despite Belgian opposition and legal concerns.
- On December 3, 2025 the European Commission proposed raising 90 billion euros for Ukraine with two financing options: joint borrowing or using frozen Russian assets.
- Facing a mid-2026 cash crunch, Ukraine needs roughly 135 billion euros, with the European Commission proposing to cover two-thirds while partners cover the remainder.
- Structurally, the proposal would convert immobilised Russian central bank assets into a reparations loan that Ukraine repays only if Russia pays reparations, with the Commission framing it as a loan not confiscation.
- Belgium immediately rejected the scheme, saying it faces legal and financial risks and demands guarantees that EU countries cover Russian lawsuit costs, while Moscow condemned the plan ahead of the EU leaders summit on December 18.
- Procedurally, the Commission says the frozen-assets plan could pass with 15 of 27 EU member states representing 65%, while borrowing would need unanimity and face opposition from Hungary; officials cite up to 210 billion euros of immobilised assets across the EU.
138 Articles
138 Articles
Belgian PM defies risky von der Leyen plan
Belgium is the only EU country refusing to let the European Commission use frozen Russian assets in Europe to aid Ukraine. Prime Minister Bart De Wever says doing so would enrage Russia for decades to come and could even lead to a conflict with Putin. “We will pay for this eternally,” De Wever has warned. He doesn’t believes Russia will lose the war and will never willingly give the money back. Source
Theft of Russian wealth is tying the entire EU bloc to a sinking ship, or worse, all-out war
European Commission President Ursula von der Leyen is pushing ahead with a reckless plan to confiscate over €200 billion in Russia's sovereign wealth for the purpose of propping up the corrupt NeoNazi Kiev regime and prolonging a futile proxy war. It is hard to imagine a more crass course of action. Yet the so-called European leadership around Von der Leyen is zealously steering towards disaster. At least the hapless captain of the Titanic tried…
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