EU's Ukraine Dilemma: Unfreezing Assets for Defense
Update: 2025-12-18
Description
Today, Ukraines European allies face a pivotal moment in the conflict, aiming to unlock billions from frozen Russian assets to support Ukraines defense. Without this aid, Ukraine risks bankruptcy by early 2026, threatening its ability to pay soldiers, police, and civil servants, or purchase necessary weapons. Ukrainian President Volodymyr Zelenskyy urges Europe to provide unwavering support, while Belgium expresses concerns about potential legal action from Russia. The EU explores solutions, including an emergency bill to permanently secure sanctions against Russia, and seeks to share any financial burden resulting from Russian retaliation. The US, previously a significant financial aid provider, shows signs of reduced commitment, making European action even more crucial. The outcome of todays meeting is critical, as failure to act could significantly damage the EUs credibility and potentially embolden Russia.
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