EU Kallas says if the EU's EUR 90bln loan to Ukraine doesn't work then they will work again on using frozen Russian assets

EU Kallas says if the EU's EUR 90bln loan to Ukraine doesn't work then they will work again on using frozen Russian assets.

The EU’s Kallas indicates a contingency plan involving frozen Russian assets if the EUR 90 billion loan to Ukraine does not yield results. This underscores the EU's ongoing geopolitical strategy and could signal increased tensions, impacting risk sentiment across currencies and commodities, particularly in the energy and metals sectors.