European Central Bank Blocks €140 Billion Ukraine Loan Backstop
[Zambian Observer - Zambia] - 3/12/2025
ECB Blocks €140 Billion Ukraine Loan Backstop The European Central Bank has refused to act as a financial backstop for a massive €140bn EU loan to Ukraine, dealing a serious blow to Brussels’ plan to fund Kyiv using frozen Russian assets. Why? The ECB says the proposal would violate EU treaty (…)
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