Europe News EU to issue €90 billion in joint debt for Kyiv but no reparation loan EU leaders fail to strike a deal on an unprecedented reparations loan for Ukraine, turning to joint debt instead to finance a €90 billion loan. Hungary, the Czech Republic and Slovakia will not participate in the scheme. 19/12/2025
Europe News EU summit: Here's what leaders agreed to on Ukraine funding, Mercosur After long hours of negotiations, the reparations loan for Ukraine has fallen apart. Instead, EU leaders will raise €90 billon on the financial markets to support the country's fight against Russia. 18/12/2025
Europe News Reparations loan for Ukraine: Who's in favour and who's against? The European Union's bold attempt to issue a reparations loan to Ukraine using immobilised Russian assets has sharply divided the bloc's key leaders. Ahead of a crucial summit, Euronews breaks down who's in favour and who's against. 17/12/2025
Europe News European leaders commit to assisting Ukraine in future Russian attack As European leaders vowed to protect Ukraine against Russia in the future, including via military means, Zelenskyy hailed progress with the US in talks about security guarantees – but disagreements over territory remain. 15/12/2025
Europe News Reparations loan under 'pressure from different sides', Kallas says The reparations loan for Ukraine is in doubt after Italy, Bulgaria, Malta and the Czech Republic joined the Belgian opposition and called for "alternative solutions". EU leaders will gather on Thursday to decide how to meet Kyiv's financial and military needs for the next two years. 15/12/2025
Europe News By locking in Russian assets for good, the EU finally plays hardball In an audacious move, the EU has decided to indefinitely immobilise the Russian sovereign assets, pushing back against external pressure to release the funds before Moscow agrees to pay war reparations to Ukraine. 13/12/2025
Europe News EU dismisses Russia's lawsuit against Euroclear as 'speculative' As the EU rushes to approve a reparations loan for Ukraine, the Russian Central Bank has launched a lawsuit against Euroclear, the institution that holds €185 billion of its assets. 12/12/2025
Europe News EU agrees to indefinitely immobilise €210 billion of Russian assets The EU has decided to keep the assets of the Russian Central Bank immobilised for the foreseeable future. The ban, which is based on a provision for economic emergencies, pushes back against external attempts to release the €210 billion in assets before Ukraine is compensated. 11/12/2025
Europe News Doubts grow over reparations loan for Ukraine as final deadline nears The push to approve the reparations loan for Ukraine has entered the final stretch ahead of an EU leaders' summit on 18 December. Belgium continues to oppose the proposal, while Hungary rejects the Plan B of joint debt. Ursula von der Leyen has warned there are "no easy options". 08/12/2025
Europe News Reparations loan is 'very fragile' and risky, Euroclear warns Euroclear, the custodian of the immobilised Russian assets, has criticised the reparations loan for Ukraine as fragile, unpredictable and risky. In Brussels, the German chancellor holds a crisis meeting with the Belgian prime minister to find a compromise and break the deadlock on the proposal. 05/12/2025
Europe News With reparations loan for Ukraine, the EU defies both Putin and Trump The European Union is defying external pressure from Washington and Moscow to get a seat at the table by leveraging the immobilised Russian assets held in its jurisdiction. The move is bold, but carries many questions. 05/12/2025
Europe News Friedrich Merz to meet Belgian PM to unblock reparations loan The crisis meeting between the German chancellor and the Belgian premier is aimed at unblocking the reparations loan to Ukraine. It comes as Ursula von der Leyen offered sweeping guarantees to protect Belgium. 04/12/2025
Europe News Unpacking Ursula von der Leyen's reparations loan to support Ukraine Liquidity guarantees, legal protection, anti-corruption safeguards, 'Made in Europe' criteria: here's how Ursula von der Leyen intends to overcome the Belgian resistance and approve the reparations loan for Ukraine. 04/12/2025
Europe News Von der Leyen pushes ahead with reparations loan as Belgium holds firm Ursula von der Leyen has offered sweeping guarantees for Belgium to agree to an unprecedented reparations loan for Ukraine. Belgian authorities say risks could be fatal. EU leaders will gather on 18 December to make a final decision. If no deal is found, the EU will resort to joint debt. 03/12/2025
Europe News ECB declines to provide emergency liquidity for Ukraine loan The latest effort to support Ukraine with immobilised Russian assets has suffered a new setback at the hands of the European Central Bank, which warned that the plan would violate EU treaties and undermine the institution's independence. 02/12/2025
Europe News Former EU foreign policy chief detained in anti-fraud probe The EU's former foreign policy chief, Federica Mogherini, has been detained by Belgian police as part of an anti-fraud investigation. Stefano Sannino, a top EU civil servant, was also taken into questioning on Tuesday. 02/12/2025
Europe News Reparations loan won't derail peace process, Kallas tells Belgian PM The reparations loan for Ukraine will prove to Washington that Europe is taking "very credible" steps to end Russia's war, High Representative Kaja Kallas said on Monday. It comes after the Belgian prime minister warned that the unprecedented proposal risked derailing the diplomatic process. 01/12/2025
Europe News EU weighs Plan B for Ukraine as Belgium raises bar on reparations loan Belgian Prime Minister De Wever lashed out at plans for a reparations loan in a strongly worded letter to Ursula von der Leyen, calling it dangerous and wrong. European officials are seriously considering a bridge loan as clock ticks for the December summit. Belgian resistance is seen as entrenched. 29/11/2025
Europe News Belgian prime minister doubles down on opposition to reparations loan Hopes to secure a reparations loan for Ukraine have been dashed after the Belgian prime minister blasted the proposal as "fundamentally wrong" and called on the EU to raise fresh debt instead of touching the Russian assets. 28/11/2025
Europe News Trade, tech, Ukraine: What to know about Macron's trip to China French President Emmanuel Macron is set to land in China on 3 December, with Paris hoping its “strategic dialogue” will help advance key priorities for both the EU and Ukraine. 28/11/2025