Belgium seeks protection from Russian retaliation
The Free Press Journal - Mumbai
|December 19, 2025
EU leaders weigh massive loan for Kyiv
Belgium insisted on Thursday its EU partners must provide ironclad guarantees it will be protected from Russian retaliation before it would back a massive loan for Ukraine.
At a high-stakes EU summit in Brussels, the 27-nation bloc's leaders are set to decide on whether to use tens of billions of euros in frozen Russian assets to underwrite a loan to meet Ukraine's military and financial needs over the next two years. The bulk of the assets - some 193 billion Euros ($227 billion) as of September - are held in the Brussels-based financial clearing house Euroclear.
This story is from the December 19, 2025 edition of The Free Press Journal - Mumbai.
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