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EU Pushes €140 Billion Loan for Ukraine Amid Challenges

11/3/2025

46 10 Full Breakdown

Summary

Story summary

The European Union aims to secure a €140 billion loan to Ukraine using frozen Russian assets, primarily held in Belgium, to unlock IMF support.
Belgium's financial objections complicate the effort, and an EU official says time is tight ahead of the December 18-19, 2025 leaders' meeting.
Ukraine's National Bank estimates $51.5 billion in external financing is needed for 2025, underscoring urgency for EU backing as U.S. support declines.

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Story summary

The European Union aims to secure a €140 billion loan to Ukraine using frozen Russian assets, primarily held in Belgium, to unlock IMF support.
Belgium's financial objections complicate the effort, and an EU official says time is tight ahead of the December 18-19, 2025 leaders' meeting.
Ukraine's National Bank estimates $51.5 billion in external financing is needed for 2025, underscoring urgency for EU backing as U.S. support declines.