The European Commission has developed a plan to grant Ukraine a large-scale loan of €140 billion using frozen Russian assets, Politico reported.
“The European Commission has proposed using Russian money under sanctions to finance a new loan to Ukraine in the amount of €140 billion,” the publication states.
According to the publication, the European Commission presented the initiative to the governments of European states on the eve of the meeting of EU ambassadors on 26 September 2025 in Brussels.
Earlier, Reuters reported that the EU was working on a mechanism for a so-called “reparation loan” to Ukraine.