European leaders near deal to use frozen Russian assets for Ukraine

<p>Plans to secure loan with Russian funds ‘moving to happy resolution’, says Polish foreign minister</p><p>European leaders, including in the UK, are increasingly confident a proposal to lend Ukraine €140bn (£159bn) secured on frozen Russian central bank deposits can be agreed by the end of the year, in a move deemed critical for Kyiv to maintain its defence effort.</p><p>Proposals from the European Commission were discussed at a meeting of G7 finance ministers in Washington last week and will be debated at an EU leaders summit on Thursday in Brussels. US participation remains uncertain.</p> <a href="https://www.theguardian.com/world/2025/oct/20/european-leaders-near-deal-to-use-frozen-russian-assets-for-ukraine">Continue reading...</a>