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EU Moves To Seize $105 BN of Russian Assets To Fund Ukraine Reparations

EU Moves To Seize $105 BN of Russian Assets To Fund Ukraine Reparations
The European Commission will move ahead with controversial plans to fund Ukraine with a loan based on Russia’s frozen assets, but in a concession to concerns raised by Belgium, which hosts most of the assets, the EU executive has also proposed another option: an EU loan based on common borrowing.