Story perspectives
EU's Plan to Fund Ukraine with Frozen Russian Assets Faces Major Hurdles
11/11/2025
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Story summary
- The European Union's plan to use frozen Russian assets to fund Ukraine faces hurdles, risking delayed backing.
- Belgium demands financial guarantees, stalling the plan.
- Slovakia's Prime Minister Robert Fico opposes using the assets for military funding.
- Russian Foreign Minister Sergey Lavrov says there is no legal way to seize the funds.
- EU finance ministers will meet to discuss alternatives as Ukraine faces nearly a $50 billion deficit next year.
