Ukraine urges EU to back loan using frozen Russian cash

BBC News - WorldCenterEN 3 min read 100% complete by Dearbail JordanOctober 23, 2025 at 06:06 PM

AI Summary

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Ukraine's President Volodymyr Zelensky has urged the European Union to support a plan to release billions of euros in frozen Russian cash to help fund Ukraine's defense. The EU is considering using €140 billion in Russian assets held in a Belgian clearing house as a "reparations loan". This move would be on top of existing sanctions, including new measures targeting Russia's oil revenues and the Kremlin's oil industry. The US has also imposed sanctions on Russia's oil giants Rosneft and Lukoil. Zelensky hopes for a positive decision from EU leaders during their meeting in Brussels. The plan faces legal complexities, with Belgium being cautious about potential consequences if Russia challenges the use of frozen assets.

Key Topics & Entities

Belgium 30% EU 70% Ukraine ×270% Russia ×480% Donald Trump ×280% Volodymyr Zelensky ×4100% Vladimir Putin ×3100%

Keywords

ukraine-russia conflict 100% eu reparations loan 80% ukraine-eu loan 80% russian oil industry 70% kremlin oil revenues 70% russian sanctions 70% belgium euroclear 60% tomahawk cruise missiles 60% belarus clearing house 60% eu foreign affairs 50%

Sentiment Analysis

Negative

Score: -0.30

Source Transparency

Source

BBC News - World

Political Lean

Center (0.00)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

Russia

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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ukraine-russia conflict eu reparations loan ukraine-eu loan russian oil industry kremlin oil revenues russian sanctions belgium euroclear tomahawk cruise missiles belarus clearing house eu foreign affairs

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