But Belgium, a vocal critic of the plan to use Russian assets to back Ukraine, says its concerns have not been resolved.
But Belgium, a vocal critic of the plan to use Russian assets to back Ukraine, says its concerns have not been resolved.
By Alastair McCready and News Agencies
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The European Commission has proposed an unprecedented use of frozen Russian assets or international borrowing to raise 90 billion euros ($105bn) to support Ukraine’s war effort against Russia, though critical reservations about the plan from key stakeholder Belgium appear unresolved.
Belgium is pushing back against a plan to use frozen Russian assets to support Ukraine's economy and war effort.
Option of EU loan based on common borrowing also proposed in concession to concerns raised by Belgium
The European Commission proposed using $163.2 billion of Russia's frozen assets as a loan to help Ukraine defend itself against…
Russia's central bank says it is suing Belgium's Euroclear in court following an EU bid to use Russian assets to aid Ukraine.
Ukrainian had wanted the EU to use €200 billion of frozen Russian assets but Belgium opposed the move.
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