The top EU diplomat suggested revisiting the rejected plan after Hungary vetoed a €90 billion loan for Ukraine
EU foreign policy chief Kaja Kallas has suggested resurrecting the previously rejected plan to use frozen Russian assets for Ukraine, after Hungary vetoed a €90 billion ($106 billion) loan for Kiev on Monday.
Kiev’s Western backers froze $300 billion in Russian central bank assets after the escalation of the Ukraine conflict in 2022. The majority is held at the Belgian-based Euroclear depository.
In December, the EU failed to agree on using the funds as collateral for a ‘reparations loan’ for Ukraine due to opposition from Belgium and…
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