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BumRushDaShow

(164,158 posts)
Wed Nov 26, 2025, 02:22 PM Wednesday

EU Prepares Legal Plan to Unlock 140 Billion Ukraine Loan [View all]

Source: Bloomberg

November 26, 2025 at 3:29 AM EST
Updated on November 26, 2025 at 5:43 AM EST


The European Union will unveil a legal proposal in the coming days that would finally enable the bloc to use Russia’s immobilized central bank assets for a €140 billion ($162 billion) loan to Ukraine.

European Commission President Ursula von der Leyen told lawmakers in Strasbourg, France, on Wednesday that Brussels was now ready to present the text.

“I cannot see any scenario where the European taxpayers alone will pay the bill,” she said.

The document should be released in the next few days, according to people familiar with the matter. Europe is under intense pressure to move on the assets. Not only are Ukraine’s funds set to run dry in the coming months, the US also recently revealed its own idea to use the assets for joint investments with Russia as well as Ukrainian reconstruction.

Read more: https://www.bloomberg.com/news/articles/2025-11-26/eu-prepares-legal-assurances-to-unlock-140-billion-ukraine-loan

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