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)