scorecardresearch
Add as a preferred source on Google
Tuesday, December 9, 2025
Support Our Journalism
HomeWorldEU's Costa: we are very close to solution on frozen Russian assets

EU’s Costa: we are very close to solution on frozen Russian assets

Follow Us :
Text Size:

DUBLIN, Dec 9 (Reuters) – The European Commission is very close to a solution to convince a qualified majority of member states on financing for Ukraine, the head of the European Council said on Tuesday.

“We are working on fine-tuning a legal and technical solution that would obtain the agreement of all or at least a qualified majority of the member states,” Antonio Costa told reporters in a news conference in Dublin, adding he was confident EU leaders would make a decision on December 18.

The European Commission proposed on Wednesday an unprecedented use of frozen Russian assets or international borrowing to raise 90 billion euros ($104.7 billion) for Ukraine to help fund its armed forces and basic services. Belgium, where most of the frozen assets are located, opposes the plan.

($1 = 0.8597 euros)

(Reporting by Conor Humphries and Inti LandauroEditing by Gareth Jones)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular