The European Union has unveiled plans to use billions of euros in frozen Russian assets to help cover Ukraine’s war needs over the next two years. But Belgium is pushing back following the announcement on Wednesday, arguing that the plan carries legal and financial risks that it fears it could end up shouldering alone.
European Commission President Ursula von der Leyen said that Brussels would supply 90 billion euros ($105bn) of Ukraine’s budget requirements for 2026-27, estimated by the International Monetary Fund to be 137 billion euros ($159bn). She said that other “international partners” would cover the rest.
“Today, we are sending a very strong message to the Ukrainian people. We are with them for the long haul,” von der Leyen said.
Frozen Russian funds held in Europe would be u

Aljazeera US & Canada

Nashville Ledger
Chicago Tribune
New York Post
America News
AlterNet
ICE News
Reuters US Top
The Atlantic
@MSNBC Video