Europe faces a question of “money today, or blood tomorrow”, its leaders were told as they entered crunch meetings on whether to approve a financial structure using frozen Russian assets to enable a mega loan to Ukraine.
The leaders of European Union member states met for a session of the European Council on Thursday, talks which are expected to go all day, for discussions on using frozen Russian assets held in European countries to guarantee a loan to Ukraine to keep it solvent. The European Union believes Kyiv needs a cash injection of $160 billion to pay for its military and civil expenses for the next two years, and that it faces running…
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