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Belgium Rejects €140B Loan, Threatening Ukraine's IMF Support

11/4/2025

26 4 Full Breakdown

Summary

Story summary

Belgium refuses to back a €140 billion 'reparations loan' for Ukraine, backed by frozen Russian assets.
The decision could jeopardize Ukraine's chance to secure an $8 billion IMF funding package.
EU officials warn that without the loan, investor confidence may wane.
The next EU leaders' meeting on December 18-19 may be too late.
Meanwhile, the United States has reduced its support, increasing pressure on the EU.

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Story summary

Belgium refuses to back a €140 billion 'reparations loan' for Ukraine, backed by frozen Russian assets.
The decision could jeopardize Ukraine's chance to secure an $8 billion IMF funding package.
EU officials warn that without the loan, investor confidence may wane.
The next EU leaders' meeting on December 18-19 may be too late.
Meanwhile, the United States has reduced its support, increasing pressure on the EU.