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EU considers using frozen Russian assets to lend Ukraine €140B, repayable only if Ukraine gets future reparations.
EU finance ministers are considering using frozen Russian assets, valued at €300–350 billion, to lend Ukraine €140 billion, repayable only if Ukraine receives future reparations from Russia.
The plan, discussed in Luxembourg, would leverage cash from Russian central bank funds held in Western institutions like Euroclear, with guarantees not counting toward national debt if confirmed by Eurostat.
Concerns remain over legal risks, equitable risk distribution among member states, and potential financial stability impacts.
The European Commission is coordinating with G7 partners ahead of IMF meetings, while the ECB stresses compliance with international law.
Over €1 billion in asset profits has already supported Ukraine’s reconstruction, but Russia calls the proposal theft.
La UE considera utilizar los activos rusos congelados para prestar a Ucrania 140 mil millones de euros, reembolsables solo si Ucrania obtiene futuras reparaciones.