EC President von der Leyen says EU is proposing to cover two-thirds of Ukraine's financing needs for the next two years; that is EUR 90bln, with remainder for international partners to cover
Important
SourceNewsquawk
SectionGlobal News
- Reparations loan would use cash balances from immobilized Russian assets in the EU.
- We propose to cover all financial institutions that have accumulated such cash balances.
- Take cash balances and provide them to Ukraine as a loan, which it would pay back if and when Russia pays the reparations.
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