Russia Sanctions

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The EU Commission proposes a 90 billion euro loan to Ukraine funded by frozen Russian assets, but Belgium opposes the plan fearing Russian compensation claims. Sweden welcomes the proposal and hopes for guarantees to reassure Belgium. A decision is expected at the EU summit on December 18.

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At an EU summit, leaders reached only a minimal compromise after lengthy talks on using frozen Russian assets to aid Ukraine. The European Commission is tasked with examining support options, while the assets remain frozen until Russia compensates for war damages. Belgium voiced legal concerns that slowed progress.

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