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Ursula von der Leyen has defended the reparations loan.

Video. Reparations loan is 'very fragile' and risky, Euroclear warns

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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.

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