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EU Ambassador Proposes Funding Ukraine with Frozen Russian Assets

11/28/2025

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Summary

Story summary

Katarína Mathernová, the European Union ambassador to Ukraine, proposes using frozen Russian assets to fund a reparations loan through 2027.
The plan would provide Ukraine with funding for military and budget needs through 2027.
Belgian Prime Minister Bart De Wever opposes the proposal, calling it fundamentally wrong and a violation of international law.
Diplomatic discussions continue as EU leaders prepare for a December summit.

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Story summary

Katarína Mathernová, the European Union ambassador to Ukraine, proposes using frozen Russian assets to fund a reparations loan through 2027.
The plan would provide Ukraine with funding for military and budget needs through 2027.
Belgian Prime Minister Bart De Wever opposes the proposal, calling it fundamentally wrong and a violation of international law.
Diplomatic discussions continue as EU leaders prepare for a December summit.