Complex plan would involve EU lending €90bn to Ukraine, which some fear could destabilise Eurozone. Putin says move is akin to ‘theft’

Complex plan would involve EU lending €90bn to Ukraine, which some fear could destabilise Eurozone. Putin says move is akin to ‘theft’

The leaders are to decide whether to loan tens of billions of euros in frozen Russian assets to fund Ukraine's military and economic needs.

Pressure is growing on member states to back a €90bn loan for Kyiv ahead of a Brussels summit

European leaders gathering to decide on using frozen Russian assets to finance Ukraine for the next two years.

Polish Prime Minister Donald Tusk warned ahead of a EU vote on financial support for Ukraine that it was a choice of "money today or blood tomorrow."

European leaders gather in Brussels to decide on using frozen Russian assets to finance Ukraine for the next two years.

The proposal centres on whether the EU can use about $246bn in Russian central bank frozen assets.

At a Brussels summit with exceptionally high stakes for both the EU and Ukraine, EU leaders are set to decide on whether to use tens of billions of euros in frozen Russian assets…

President Vladimir Putin called EU officials ‘robbers’ over their plan to use frozen Russian assets.

Ukrainian had wanted the EU to use €200 billion of frozen Russian assets but Belgium opposed the move.

EU leaders agree on a €90 billion loan for Ukraine, but reject using frozen Russian assets for funding.

The European Union has imposed asset freezes totalling hundreds of billions of dollars on at least 31 countries.

Vladimir Putin warned EU leaders of “grave consequences” if Russia had been robbed of its frozen assets. On Friday (19 December), EU leaders struck a deal to give Ukraine a €90bn…

This €90bn agreement won out over a plan to use frozen Russian assets, but has been hailed a ‘huge deal for the EU’