EU leaders meet in Brussels to discuss Russian assets | BBC News

European Union leaders are gathering for a Brussels summit where a momentous decision will be taken on whether to loan Ukraine tens of billions of euros in frozen Russian assets to fund its military and economic needs.

Most of Russia’s €210bn (£185bn; $245bn) worth of assets in the EU are held by Belgium-based organisation Euroclear, and so far Belgium and some other members of the bloc have said they are opposed to using the cash.

Without a boost in funding, Ukraine’s finances are set to run dry in a matter of months.

Russia has warned the EU against using its money, and has filed a lawsuit against Euroclear in a Moscow court in a bid to get its money back.

Subscribe here: http://bit.ly/1rbfUog

For more news, analysis and features visit: www.bbc.com/news

#BBCNews

10 thoughts on “EU leaders meet in Brussels to discuss Russian assets | BBC News

  1. European leaders learn to work hard and earn you keep instead of resorting to theft.
    If you cant afford a war dont start one in the first place.

  2. While farmers are protesting on the streets of Brussels against the deadly Mercosur agreement, the EU government is giving a gift of 90 billion euros to the most corrupt country – Ukraine!! Scandal!!

  3. NATO should have just moved into Ukraine a long time ago. Included them as part of NATO. Game over. Now they are left trying to hold up their socks. Trump, is bs.

  4. somany European companies invested in vehicle industrial field more than 300 billion dollars. when Eu gives Russian fund to Ukraine, Russia will nationalize company.

  5. What Europe needs to remember is that the orange Piggy/Trump is very weak at home his health is horrible He’s lost a vast amount of his support I know is his time in office is short his overall approval rating in the US is dismal.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.