EU Splits Over Ukraine Funding As Russian Asset Loan Falters, Joint Debt Plan Emerges

EU Splits Over Ukraine Funding As Russian Asset Loan Falters, Joint Debt Plan Emerges Europe’s financial support for Ukraine faces a critical impasse after Belgium blocked a €140 billion “reparations loan” tied to frozen Russian assets. According to *Politico*, EU leaders are now considering a risky “joint debt” option, where multiple nations would issue shared bonds to keep Kyiv afloat. The European Commission is drafting a paper outlining both proposals — and a third, alarming alternative: cutting Ukraine funding altogether. Moscow has slammed the asset freeze as “theft,” warning it will erode trust in Western financial systems. The standoff exposes deep rifts in Europe’s unity as the war grinds on. Watch