EU warns of costs if no deal is agreed to use frozen Russian assets for Ukraine
European Commission president lays out three options for member states in bid to secure financing for Kyiv
European Commission president lays out three options for member states in bid to secure financing for Kyiv

Choices for Ukraine funding set out in commission document drafted after failure to agree plan last month

Kyiv and European allies seek to strengthen their hand as Washington-led peace talks reach critical phase

When it came to using frozen Russian assets as leverage, the EU blinked

Money to be borrowed against bloc’s budget after leaders fail to agree on proposal using Moscow’s funds

Proposal for ‘reparations’ funding for Ukraine using immobilised Russian assets would be seen as ‘confiscation’

Central bank rejects role in European Commission proposal that would use frozen Russian assets