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Belgian resistance holds up €140B loan for Ukraine at EU summit

Euronews · Less Recent
Euronews
Euronews
Less Recent

After a summit of EU leaders, Belgian Prime Minister Bart De Wever complained he had not received answers to all his concerns about a groundbreaking plan to issue a €140 billion loan to Ukraine.

Breakdown
  • EU leaders failed to agree on using frozen Russian assets in Belgium to fund Ukraine.
  • Belgium cited risks to its financial sector and potential legal costs as reasons for its objections. 18s
  • Ukrainian President Zelensky called for the funds to support weapons production and defense. 1m 5s
  • A decision on the use of these assets has been postponed to the next EU summit. 2m 7s
  • The European Commission will work to address Belgium's concerns before the next meeting. 2m 17s
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