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EU to Utilize Frozen Russian Assets for €140 Billion Ukraine Loans

10/23/2025

Summary

Story summary

The European Union plans to use frozen Russian assets to provide €140 billion in loans to Ukraine, a 'reparations loan' that would require repayment only if Russia compensates for war damages.
Many EU leaders back the plan as U.S. support dwindles, while Belgium raises concerns about legal implications and liabilities.
The EU aims to finalize a legal framework by mid-November 2025 and activate funds by early 2026, facing international-law scrutiny.

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Story summary

The European Union plans to use frozen Russian assets to provide €140 billion in loans to Ukraine, a 'reparations loan' that would require repayment only if Russia compensates for war damages.
Many EU leaders back the plan as U.S. support dwindles, while Belgium raises concerns about legal implications and liabilities.
The EU aims to finalize a legal framework by mid-November 2025 and activate funds by early 2026, facing international-law scrutiny.