Article 728QM ‘Money today or blood tomorrow’: EU leaders race to secure deal for Ukraine

‘Money today or blood tomorrow’: EU leaders race to secure deal for Ukraine

by
Jennifer Rankin in Brussels and Helena Smith in At
from World news | The Guardian on (#728QM)

Summit divided on idea of loan secured against Russian assets, as Belgium seeks guarantees if scheme goes wrong

EU leaders are racing to secure a funding deal for Ukraine that has been cast as a choice between money today or blood tomorrow", but Belgium continues to oppose a loan secured against Russia's frozen assets.

At a summit billed as make or break, EU leaders are discussing an unprecedented move to tap some of Russia's 210bn sovereign assets frozen in the bloc days after the full-scale invasion of 2022.

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