EU, Russia and central bank
Digest more
After almost four years of Russia's full-scale war, Kyiv is running out of cash, and needs an estimated €135.7bn over the next two years.
Belgium blocks EU plan to seize Russian assets for Ukraine aid, citing serious fears of Putin retaliation and potential war escalation against Europe.
The European Commission is open to include guarantees that Belgium wants in the plan to use immobilised Russian central bank assets for a loan to Ukraine, European Economic Commissioner Valdis Dombrovskis said on Friday.
BRUSSELS, Dec 4 (Reuters) - Belgian Prime Minister Bart De Wever said on Thursday he hopes to have a "fruitful discussion" with German Chancellor Friedrich Merz on Friday about an EU plan to use Russian frozen assets to support Ukraine against Russia's invasion.
A "historic" move to help Ukraine with frozen Russian assets is a "tall order", Belgium's PM says - but he didn't rule it out. Meanwhile, Ukraine says it has retaken parts of a key frontline area - leaving Russian troops "completely cut off".