Story perspectives

EU Shifts to Debt Plan for Ukraine, Faces Opposition

12/20/2025

Summary

Story summary

The EU abandoned using frozen Russian assets to fund Ukraine and moved to raise €90 billion via EU debt.
The plan would cost EU taxpayers €3 billion annually from 2028 and faced Hungary and Italy.
Viktor Orban, Hungary's prime minister, mocked the asset scheme and warned it could provoke retaliation from Russia.
Kirill Budanov, Ukraine’s military intelligence chief, blamed recruitment failures, saying mobilization was undermined by poor media strategy.

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Story summary

The EU abandoned using frozen Russian assets to fund Ukraine and moved to raise €90 billion via EU debt.
The plan would cost EU taxpayers €3 billion annually from 2028 and faced Hungary and Italy.
Viktor Orban, Hungary's prime minister, mocked the asset scheme and warned it could provoke retaliation from Russia.
Kirill Budanov, Ukraine’s military intelligence chief, blamed recruitment failures, saying mobilization was undermined by poor media strategy.