Can Europe Agree on Turning Frozen Russian Assets Into Cash for Ukraine?

October 23, 2025

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1 min read

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The New York Times

European Union officials want to make a large loan to Ukraine backed by Russian state assets, but on Thursday, they deferred any clear decision on that plan to December.

The European Union was racing to come up with a plan to keep money and weapons flowing to Ukraine at a moment when support from the United States is uncertain and Kyiv’s needs are gaping. But on Thursday, the path to a quick solution did not material... [5024 chars]

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Source: The New York Times

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