EU floats plan to use frozen Russian assets for Ukraine loan, bypassing a Hungary veto


  • World
  • Thursday, 18 Sep 2025

FILE PHOTO: A member of the White Angels police evacuation unit assists a resident during an evacuation from the frontline town of Kostiantynivka, amid Russia's attack on Ukraine, in Donetsk region, Ukraine September 16, 2025. REUTERS/Yevhen Titov/File Photo

BRUSSELS (Reuters) -The European Union is discussing ways to use frozen Russian assets to underpin a so-called "reparation loan" to Ukraine to bolster its wartime finances and bypass the risk of a veto by Moscow-friendly Hungary, officials close to the project said.

Ukraine would only pay back the reparation loan once it receives compensation from Russia for damage inflicted during the war. The concept was floated by European Commission President Ursula von der Leyen last week, at a time President Donald Trump is curbing direct U.S.-funded military aid to Kyiv.

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