EU leaders fail to agree to use frozen Russian assets to defend Ukraine
EU leaders postponed a decision on using frozen Russian assets to fund Ukraine’s defense, despite President Zelenskyy urging swift action to hold Moscow accountable. Opposition from Belgium, which hosts €183bn of Russian central bank assets at Euroclear, blocked an agreement, as Belgian officials sought guarantees that other EU countries would cover any losses if Russia challenged the plan. The European Commission proposed using the assets … Continue reading EU leaders fail to agree to use frozen Russian assets to defend Ukraine
