Summary
The European Commission has suggested two ways to raise 90 billion euros to help Ukraine. These include using frozen Russian assets or borrowing from international markets. The proposal faces opposition from some EU countries, including Belgium.
Key Facts
- The European Commission proposed raising 90 billion euros to support Ukraine.
- The plan involves two options: using frozen Russian assets or international borrowing.
- Belgium has concerns about the proposal and its potential legal risks.
- The plan includes covering Ukraine's financial needs for 2026 and 2027.
- 15 out of 27 EU member states must agree for the proposal using frozen assets to proceed.
- Belgium holds around 140 billion euros in frozen Russian assets.
- The proposal aims to increase costs for Russia, encouraging peace talks.
- Russia has warned it could lead to extensive legal battles if its assets are used.
