All articles tagged with #eu summit
EU leaders initially considered a reparations loan for Ukraine based on Russian assets but ultimately abandoned the plan in favor of a joint borrowing scheme backed by the EU budget, allowing 24 member states to fund Ukraine without unanimity, amid internal disagreements and geopolitical considerations.
EU leaders agreed to raise €90bn in zero-interest loans to support Ukraine for the next two years, amid divisions over the approach and differing attitudes towards Russia, with some countries seeking exemptions and considering future use of frozen Russian assets. Ukraine also needs additional funding and hopes for support from non-EU allies and international banks.
EU leaders are debating the use of frozen Russian assets to support Ukraine, with ongoing negotiations on a reparations loan and concerns over legal and financial implications, while also discussing the postponed EU-Mercosur trade deal, long-term EU budget, and regional protests.
The EU has agreed to provide Ukraine with a €90 billion loan to support its military and budget needs, signaling a decisive stance against Russia's invasion. Meanwhile, the EU-Mercosur trade deal has been postponed to January due to opposition from farmers and member states, and discussions continue on using frozen Russian assets to fund Ukraine, with tensions and legal concerns surrounding asset seizure. Ukrainian President Zelenskyy warns of a significant aid shortfall in 2026, emphasizing the urgency of resolving asset issues.
EU leaders are debating whether to loan Ukraine billions of euros from frozen Russian assets held in the EU, mainly in Belgium, to support Ukraine's military and economic needs amid ongoing war tensions. The decision faces opposition from Belgium and Hungary, with legal and political hurdles, but could significantly impact Ukraine's ability to continue fighting and influence the broader conflict.
EU leaders are preparing for a high-stakes summit to decide on using frozen Russian assets to fund Ukraine's economic and military needs, proposing a controversial 90 billion-euro reparations loan with potential legal and diplomatic challenges, amid disagreements among member states about the best approach and concerns over trust and legal implications.
EU leaders are preparing to take unprecedented steps at a summit to use frozen Russian assets to fund Ukraine's economic and military needs, including proposing a 90 billion-euro reparations loan, amidst legal and political challenges and concerns over trust and precedents.
During an EU summit, Belgium blocked a €140 billion loan to Ukraine funded by Russian assets, citing concerns over guarantees and potential retaliation, leading to a weaker consensus and ongoing negotiations on the plan.
EU leaders are set to discuss a 'drone wall' for continental defense and the use of frozen Russian assets to fund Ukraine at a Copenhagen summit, amid recent airspace violations by unidentified drones over Denmark and neighboring countries, prompting increased military and security measures across Europe.
Denmark has temporarily banned civil drone flights amid mysterious UAV sightings near airports and military sites, as it prepares for a major EU summit on defense and Ukraine, with increased NATO and European military support to enhance airspace security against potential threats, primarily attributed to Russia.
Denmark has temporarily banned civil drone flights in its airspace due to suspicious drone sightings at airports and military sites, amid heightened security concerns ahead of an EU summit on defense and Ukraine, with Russia suspected as a primary threat. NATO is enhancing defense measures in the Baltic Sea region, and Denmark is receiving support from Germany and Sweden to strengthen drone detection and airspace security.
Denmark has banned civilian drone flights this week to protect upcoming EU and European Political Community meetings in Copenhagen, amid suspected Russian involvement in recent drone disturbances near military bases and airports, with additional surveillance support from a German frigate.
EU leaders have agreed to use profits from frozen Russian assets to support Ukraine, unlocking around three billion euros annually for Kyiv. While some commentators view this as a positive step, others criticize the EU for being too slow in its actions. There are concerns about the potential repercussions of seizing Russian assets, with some urging Europe to fully commit to aiding Ukraine's defense. Additionally, there are discussions about the shift in the EU's approach from a focus on climate and social issues to potential military readiness in response to the conflict. However, skepticism remains about whether the West will change its stance and engage in a military conflict with Russia.
On the second day of the EU summit, leaders discussed agriculture, economy, and foreign policy, with a focus on Russia's war in Ukraine and the situation in Gaza. The EU proposed tariffs on Russian and Belarusian grain imports, while also considering using profits from frozen Russian assets to fund military support for Ukraine. Additionally, EU leaders called for a sustainable cease-fire in Gaza and agreed to open membership talks with Bosnia and Herzegovina. The summit also saw discussions on recognizing a Palestinian state and concerns over the use of frozen Russian assets by Western banks.
The second day of the EU summit in Brussels focused on foreign policy, agriculture, and the European Economic Area, with discussions on imposing tariffs on Russian and Belarusian grain imports to cut their export income and prevent destabilization of the EU market. The EU also considered using profits from frozen Russian assets to fund military support for Ukraine, prompting warnings and threats of retaliation from the Kremlin. Additionally, EU leaders called for a cease-fire in Gaza and opened accession talks with Bosnia and Herzegovina, while Ukrainian President Zelenskyy urged European allies to provide more air defense systems and ammunition.