EU fails to back frozen Russian cash loan - but vows to support Ukraine
Published: 10/24/2025

EU leaders fail to release frozen Russian cash to support Ukraine's defense, opting instead to provide financial support for the country's needs for the next two years. The decision on €140bn in Russian assets held in a Belgian clearing house was postponed until December due to concerns raised by Belgium. The move follows the imposition of new EU sanctions on Russia, with European leaders set to discuss boosting long-range missile supplies to Ukraine at a London summit.



