But Belgium, a vocal critic of the plan to use Russian assets to back Ukraine, says its concerns have not been resolved.

The euro-zone regulator concluded that the Ukraine loan proposal put forward by the European Commission violated its mandate

Option of EU loan based on common borrowing also proposed in concession to concerns raised by Belgium

European Commission President Ursula von der Leyen proposed to cover two-thirds of Ukraine’s financing needs for the next two years

The European Commission proposed using $163.2 billion of Russia's frozen assets as a loan to help Ukraine defend itself against its neighbor.

The European Commission is considering two mechanisms: a reparations loan funded by immobilized Russian central bank assets held in Europe, or a joint debt guaranteed by the EU…

But Belgium, a vocal critic of the plan to use Russian assets to back Ukraine, says its concerns have not been resolved.

It follows fresh proposals by the European Commission to unlock $105 billion to support Ukraine.

Belgium is pushing back against a plan to use frozen Russian assets to support Ukraine's economy and war effort.

Bruselas y Berlín aumentan la presión sobre Bélgica para que acepte el uso del dinero de Moscú para financiar las necesidades civiles y militares de Kiev