EU leaders agree on joint borrowing to fund Ukraine, set aside plan to use Russian frozen assets

The leaders also gave the European Commission a mandate to continue work on a so-called reparations loan based on Russian immobilized assets, but that option proved unworkable for now.

UKRAINIAN PRESIDENT Volodymyr Zelenskiy speaks with European Council President Antonio Costa as they attend a European Union leaders' summit in Brussels, Belgium, December 18, 2025.

(photo credit: REUTERS/Stephanie Lecocq/Pool)

ByREUTERS

DECEMBER 19, 2025 06:26

EU leaders agree on joint borrowing to fund Ukraine, set aside plan to use Russian frozen assets

The leaders also gave the European Commission a mandate to continue work on a so-called reparations loan based on Russian immobilized assets, but that option proved unworkable for now.

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EU leaders agree on joint borrowing to fund Ukraine, set aside plan to use Russian frozen assets

The leaders also gave the European Commission a mandate to continue work on a so-called reparations loan based on Russian immobilized assets, but that option proved unworkable for now.

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