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flag IMF delays $8B Ukraine loan pending EU’s €140B Russian asset reparations plan, stalled by Belgium, France, Italy.

flag The IMF may delay an $8 billion loan to Ukraine unless the EU finalizes a €140 billion reparations loan using frozen Russian assets, primarily held in Belgium. flag Belgium, joined by France and Italy, opposes the plan due to legal and financial risks, including potential international lawsuits. flag The delay threatens Ukraine’s economic stability and investor confidence, especially as U.S. support wanes and the EU prepares for a crucial December summit. flag Ukraine’s defense industry operates at just one-third capacity amid funding shortfalls, while Euroclear in Belgium has begun unblocking Russian assets without U.S. approval, complicating the situation.

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