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EU's €140 Billion Ukraine Aid Plan Stalled by Belgium

11/18/2025

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Summary

Story summary

European Union officials plan to use frozen Russian assets to provide a 140 billion euro loan to Ukraine.
Belgium blocked the plan at the last minute, raising concerns about potential legal repercussions from Russia.
Alternatives such as joint debt or direct grants are seen as less effective and burdensome.
The European Commission warns time is running out.
Ukraine needs funds by March or April, as negotiations among EU leaders intensify.

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Story summary

European Union officials plan to use frozen Russian assets to provide a 140 billion euro loan to Ukraine.
Belgium blocked the plan at the last minute, raising concerns about potential legal repercussions from Russia.
Alternatives such as joint debt or direct grants are seen as less effective and burdensome.
The European Commission warns time is running out.
Ukraine needs funds by March or April, as negotiations among EU leaders intensify.