{"id":5752,"date":"2025-10-27T17:08:25","date_gmt":"2025-10-27T18:08:25","guid":{"rendered":"https:\/\/globaltalenthq.com\/?p=5752"},"modified":"2025-10-27T18:38:40","modified_gmt":"2025-10-27T18:38:40","slug":"eu-members-could-borrow-money-to-finance-ukraine-politico","status":"publish","type":"post","link":"https:\/\/globaltalenthq.com\/index.php\/2025\/10\/27\/eu-members-could-borrow-money-to-finance-ukraine-politico\/","title":{"rendered":"EU members could borrow money to finance Ukraine \u2013 Politico"},"content":{"rendered":"
Member states may need to raise billions in joint debt if using frozen Russian assets for a \u201creparations loan\u201d fails, sources told the outlet<\/strong><\/p>\n EU countries could be asked to raise tens of billions in joint debt to finance Ukraine if an initiative to use frozen Russian assets for a “reparations loan”<\/em> fails, Politico reported on Monday, citing diplomatic sources.<\/p>\n According to the report, several leaders discussed this alternative at last week’s EU summit after Belgium refused to back a €140 billion ($160 billion) Ukraine loan secured by the frozen Russian assets.<\/p>\n Although the details of the new plan remain unclear, joint debt typically refers to shared borrowing through jointly issued bonds by multiple nations, where all participants share responsibility for repayment.<\/p>\n Sources said the European Commission will outline the borrowing plan in an upcoming paper alongside a revised “reparations loan”<\/em> proposal, and will include a third option – to halt Ukraine funding. They suggested the idea could be a “scarecrow”<\/em> tactic to push EU nations already burdened by debt to vote for using the Russian assets.<\/p>\n \n Read more<\/strong><\/span><\/p>\n Western nations froze $300 billion in Russian sovereign assets in 2022 and have sought to use the interest the funds have generated to finance Kiev’s war effort.<\/p>\n The G7 previously supported using the immobilized funds to secure $50 billion in loans, but EU leaders last week failed to agree on a similar “reparations loan,”<\/em> largely due to Belgian opposition.<\/p>\n Prime Minister Bart De Wever warned that Belgium, which holds most of the frozen assets, could face disproportionate retaliation from Russia, and demanded a solid legal basis for the move and shared responsibility.<\/p>\n Sources told Politico that despite legal concerns, Brussels views using frozen Russian assets as the “most preferred”<\/em> option to keep funding Kiev. A final decision is expected at the European Commission summit in December.<\/p>\n