By Jan Strupczewski

BRUSSELS (Reuters) -The European Union’s “reparations loan” for Ukraine could be up to 130 billion euros, EU officials close to the talks said, with the size to be finalised after the International Monetary Fund’s assessment of Ukraine’s financing needs in 2026 and 2027.

The idea of a reparations loan to Kyiv, based on cash balances of Russian assets immobilised in the West after Moscow invaded Ukraine in 2022, was floated by European Commission President Ursula von der Leyen on September 10.

The loan, aimed at helping Kyiv fund its war effort, would be repaid by Ukraine only once it receives reparations from Russia in a peace accord. The risk would be carried collectively by European and possibly also some other G7 countries, she said.

Most of the roughly 210 billi

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