EU leaders push to tap frozen Russian assets for Ukraine reconstruction | European Union News

EU’s Kallas says the bloc is working quickly on a loan for Ukraine that would leverage frozen Russian assets.

Major European powers have voiced support for a proposal to use frozen Russian assets as collateral for an enormous loan to Ukraine to fund its reconstruction.

The so-called Reparations Loan, first outlined by European Commission President Ursula von der Leyen in mid-September, would leverage Russian funds…