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flag EU proposes bypassing Hungary’s veto on Russia sanctions using qualified majority voting, backed by a 130-140 billion euro loan to Ukraine.

flag The European Commission proposes shifting to qualified majority voting to extend sanctions on Russia, bypassing Hungary’s vetoes blocking aid to Ukraine. flag The plan includes a 130-140 billion euro loan to Ukraine backed by frozen Russian assets, repayable only if Russia compensates Ukraine, with German Chancellor Friedrich Merz supporting its use for military equipment. flag A new 19th sanctions package targets Russian banks, liquefied natural gas, the Mir payment system, and vessels in Moscow’s “shadow fleet.” EU diplomats will debate the measures, while Russia warns the asset seizure would harm the global financial system and threatens retaliation.

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