EU Weighs Additional Use of Frozen Russian Assets for More Ukraine Loans

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8 hrs ago

Above: European Parliament President Roberta Metsola and Ukrainian President Volodymyr Zelenskyy in Kyiv, Ukraine on Sept. 17. Image copyright: Vitalii Nosach/Global Images Ukraine/Getty Images

story last updated 4 hrs ago

The Spin

Pro-establishment narrative

With Russia continuing to make a mockery of Trump's peace efforts, and the possibility that Trump may pull financial backing for Ukraine at any minute, this new plan by Von der Leyen is a sensible one. While ideas such as this have been discussed for a while, this is smart in that it avoids confiscating the Russian funds and the surrounding legality concerns. Instead it will be a loan which Russia will pay back when it will inevitably be forced to pay reparations for the damage it has caused.

Euractiv Migration and Home Affairs

Pro-Russia narrative

The EU continues to severely undermine its currency and reputation by further undertaking actions that undermine the norms of global trade and international law. It can package this up any way it wishes, but at the end of the day, this is theft of Russian central bank assets. Any countries that take part in this illegal scheme will be hit by harsh measures from Moscow.

TASS The Ministry of Foreign Affairs of the Russian Federation