Seven EU leaders urge action on Ukraine reparations loans proposal


Emergency responders work at the site of a warehouse that was struck during a night of Russian missile and drone strikes, amid Russia's attack on Ukraine, in Novi Petrivtsi, outside Kyiv, Ukraine, December 6, 2025. REUTERS/Thomas Peter

BRUSSELS, Dec 8 (Reuters) - Leaders from seven EU member states on Monday urged the EU to move ahead quickly with the proposal to use frozen Russian assets to provide financing to Ukraine.

"Supporting Ukraine in their fight for freedom and independence is not only a moral obligation – it is also in our own self-interest," the leaders from Estonia, Finland, Ireland, Latvia, Lithuania, Poland and Sweden said in a letter sent to EU Council President Antonio Costa and EU Commission's President Ursula von der Leyen.

"We must therefore move ahead quickly on the Commission's proposals to use the cash balances from Russia's immobilized assets for a reparations loan to Ukraine."

(Reporting by Bart Meijer, Sudip Kar-Gupta and Jan Strupczewski, editing by Inti Landauro)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Hungary's LGBTQ+ community marches for its rights after years of rollback
Power cuts in France leave thousands sweltering amid scorching heatwave
Keiko Fujimori secures unbeatable lead in Peru presidential election
Australia ramps up bird flu testing as Papua New Guinea blocks poultry imports after confirmed cases
Russian-held Sevastopol, Moscow-controlled parts of Ukraine's Kherson grabble with power outages
England held goalless draw by Ghana in World Cup Group L
'Today' co-anchor Savannah Guthrie pleads for answers to missing mother's fate
US Senate joins House in voting to halt Iran war, rebuking Trump
North Korea should build two warships a year in next five years, Kim says
Flash: England held 0-0 by Ghana in FIFA World Cup Group L

Others Also Read