EU to Use Russia's Frozen Assets for Ukraine
Update: 2025-12-12
Description
The European Union is set to hold onto Russias frozen assets, potentially using billions to fund Ukraines financial and military needs. This move aims to simplify sanction renewals and counter Russian President Vladimir Putins ally, Hungarian Prime Minister Viktor Orban, who criticizes the decision. Slovak Prime Minister Robert Fico also opposes, warning of potential peace efforts disruption. Despite objections, the European Commission argues that the wars costs necessitate continued support for Ukraine.
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