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REVEALED: 2 | Rare Historical Photos

Watch the video: Russian frozen assets — the EU is finally playing hardball

Brussels just locked down €210 billion of Russian Central Bank cash. What's next?

Euronews

By locking in Russian assets for good, the EU is finally playing hardball

In an audacious move, the EU has decided to indefinitely immobilise the Russian sovereign assets, pushing back against external pressure to release the funds before Moscow agrees to pay war reparations to Ukraine.

Euronews

Ukraine war briefing: Reports Ukraine would join EU in 2027 met with scepticism

Officials in Brussels dismiss ‘nonsense’ idea Ukraine could join EU by 1 January 2027 in latest US-led peace plan. What we know on day 1,389

The Guardian - AU

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EU to freeze €210bn in Russian assets indefinitely

The decision is a significant step towards using the cash to aid Ukraine’s defence – but Moscow is threatening to retaliate

The Guardian - UK

'Brussels is crossing the Rubicon today,' Orbán says on Russian assets freeze

The Hungarian prime minister strongly condemned a move by the EU to indefinitely immobilise Russian Central Bank assets, widely seen as a way of circumventing a Hungarian veto.

Euronews

EU dismisses Russia's lawsuit against Euroclear as 'speculative' and groundless

As the EU rushes to approve a reparations loan for Ukraine, the Russian Central Bank has launched a lawsuit against Euroclear, the institution that holds €185 billion of its assets.

Euronews

Russia's Central Bank sues Belgian financial institution as EU mulls using Moscow's frozen assets

Russia’s Central Bank says it has filed a lawsuit against Belgian financial institution Euroclear

The Independent UK

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Belgian PM meets Starmer in London as debate continues on using frozen Russian assets for Ukraine – as it happened

Bart De Wever will also discuss migration, security and economy ahead of coalition of the willing meeting and EU summit next week

The Guardian - UK

European leaders agree to fund Ukraine for 2 years but using Russian assets poses a major test

European Union leaders have committed to funding Ukraine's economic and military needs for the next two years

The Independent UK

Doubts grow over reparations loan for Ukraine as final deadline nears

The push to approve the reparations loan for Ukraine has entered the final stretch ahead of an EU leaders' summit on 18 December. Belgium continues to oppose the proposal, while Hungary rejects the Plan B of joint debt. Ursula von der Leyen has warned there are "no easy options".

Euronews

Reparations loan for Ukraine is 'very fragile' and risks investor exodus, Euroclear warns

Euroclear, the custodian of the immobilised Russian assets, has criticised the reparations loan for Ukraine as fragile, unpredictable and risky. In Brussels, the German chancellor holds a crisis meeting with the Belgian prime minister to find a compromise and break the deadlock on the proposal.

Euronews

Why the EU could not agree on using £80bn of frozen Russian assets to fund Ukraine’s war effort

Disagreements within the bloc prevented a deal being struck to use the assets

The Independent UK

Friedrich Merz will meet Belgian prime minister to unblock reparations loan

The crisis meeting between the German chancellor and the Belgian premier is aimed at unblocking the reparations loan to Ukraine. It comes as Ursula von der Leyen offered sweeping guarantees to protect Belgium.

Euronews

Unpacking Ursula von der Leyen's reparations loan to support Ukraine

Liquidity guarantees, legal protection, anti-corruption safeguards, 'Made in Europe' criteria: here's how Ursula von der Leyen intends to overcome the Belgian resistance and approve the reparations loan for Ukraine.

Euronews

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The Guardian - UK

European Commission plans ‘reparations loan’ to Ukraine using frozen Russian assets

Leaders focus on bolstering Ukraine’s finances as US-Russia talks to end war make little progress

Euronews

Von der Leyen pushes ahead with reparations loan for Ukraine as Belgium maintains its opposition

Ursula von der Leyen has offered sweeping guarantees for Belgium to agree to an unprecedented reparations loan for Ukraine. Belgian authorities say risks could be fatal. EU leaders will gather on 18 December to make a final decision. If no deal is found, the EU will resort to joint debt.

Euronews

ECB declines to provide emergency liquidity for reparations loan to Ukraine

The latest effort to support Ukraine with immobilised Russian assets has suffered a new setback at the hands of the European Central Bank, which warned that the plan would violate EU treaties and undermine the institution's independence.

Euronews

Reparations loan for Ukraine won't derail peace process, Kallas tells Belgian PM

The reparations loan for Ukraine will prove to Washington that Europe is taking "very credible" steps to end Russia's war, High Representative Kaja Kallas said on Monday. It comes after the Belgian prime minister warned that the unprecedented proposal risked derailing the diplomatic process.

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Euronews

EU weighs Plan B for Ukraine as Belgium raises bar to unblock reparations loan

Belgian Prime Minister De Wever lashed out at plans for a reparations loan in a strongly worded letter to Ursula von der Leyen, calling it dangerous and wrong. European officials are seriously considering a bridge loan as clock ticks for the December summit. Belgian resistance is seen as entrenched.

Euronews

Could the EU’s frozen-assets plan really destabilise European bond markets?

EU plans to use frozen Russian assets to help Ukraine have prompted warnings that the move could push up government borrowing costs. But experts told Euronews Business that any impact on European debt markets is likely to be limited.

The Guardian - UK

Belgium hits back at EU plan to use frozen Russian assets to aid Ukraine

Prime minister says proposal violates international law and would destabilise financial markets

Euronews

'Fundamentally wrong': Belgian prime minister doubles down on opposition to reparations loan

Hopes to secure a reparations loan for Ukraine have been dashed after the Belgian prime minister blasted the proposal as "fundamentally wrong" and called on the EU to raise fresh debt instead of touching the Russian assets.

The Independent UK

Russia's frozen assets at center of negotiations over Ukraine peace deal

Europe is considering seizing billions in Russian assets to support Ukraine, as proposed by U.S. President Donald Trump

The Guardian - UK

Europe calls for role in Ukraine talks amid reported US-Russian peace deal

Foreign ministers express misgivings about draft US-Russian peace plan favourable to Putin

Euronews

What we learned from Ursula von der Leyen's options paper to support Ukraine

The options paper sent by Ursula von der Leyen to EU leaders presents a binary choice: fresh debt or tap the Russian assets. Euronews breaks down the key elements of her long-awaited document.

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