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EU Leaders Consider Reparations Loan for Ukraine’s Recovery

12/19/2025

Summary

Story summary

On December 18, Christine Lagarde, President of the European Central Bank, said supporting Ukraine against Russia's invasion is crucial and EU leaders may agree on a reparations loan using Russia's frozen assets.
She emphasized that any solution must comply with international legal norms and maintain financial stability.
Lagarde says the final decision rests with political leaders.
A draft document indicates the EU will adopt urgent measures for the plan.

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Story summary

On December 18, Christine Lagarde, President of the European Central Bank, said supporting Ukraine against Russia's invasion is crucial and EU leaders may agree on a reparations loan using Russia's frozen assets.
She emphasized that any solution must comply with international legal norms and maintain financial stability.
Lagarde says the final decision rests with political leaders.
A draft document indicates the EU will adopt urgent measures for the plan.