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EU Proposes €90 Billion for Ukraine Amid Legal Disputes

12/4/2025

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Story summary
  • The European Commission proposed raising 90 billion euros for Ukraine by using frozen Russian assets or international borrowing.
  • Belgium remains a key opponent, citing unresolved legal concerns and risks to peace negotiations.
  • Belgian Foreign Minister Maxime Prevot criticized the reparations loan option as unprecedented and risky.
  • The European Union aims to phase out Russian gas imports by late 2027.
  • Hungary and Slovakia are anticipated to challenge the energy import ban.