ReferIndia News EU Nears Breakthrough on Ukraine Financing Amid Russian Asset Controversy

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EU Nears Breakthrough on Ukraine Financing Amid Russian Asset Controversy

Published on: Dec. 10, 2025, 6:13 a.m. | Source: Devdiscourse

The European Union is working on a financial solution to support Ukraine in 2026 and 2027 amidst U.S. funding shortages. The EU aims to utilize $244.15 billion of frozen Russian assets despite Belgium's need for financial guarantees. Other G7 nations are encouraged to follow the EU's approach.

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