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Politics : Slava Ukraini

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From: S. maltophilia12/18/2025 10:46:16 PM
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Europe Agrees to $105 Billion Funding Plan for Ukraine
European Union officials wanted to use Russia’s frozen assets to back a major loan to Ukraine. Unable to overcome opposition, they settled on another way to lend the money.

By Jeanna Smialek

Reporting from Brussels

Dec. 18, 2025Updated 10:25 p.m. ET

European leaders agreed early on Friday morning to keep Ukraine funded for two years with a loan of 90 billion euros, or about $105 billion, though they failed to agree on their first-choice option of using Russian state assets frozen on the continent as backing for the loan.

That ambitious frozen-asset plan was killed at the 11th hour as....

nytimes.com
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