Media: EU may require Kyiv to repay transitional loans
According to a report by Politico, citing anonymous diplomatic officials, the EU may ask Ukraine to repay funds it received under a proposed transitional loan program.
The report stated: "After obtaining long-term loans from (frozen Russian assets – editor's note), Ukraine may be required to repay the EU's initial transitional loans."
The report also noted that EU member states are reluctant to provide loans to Ukraine, as many are facing budget deficits and high borrowing costs.
The European Commission is trying to get EU member states to agree to Kyiv using Russian sovereign assets. The loan amount currently under discussion ranges between 185 billion euros and 210 billion euros. After the conflict, if Russia "compensates for its material losses," Ukraine would need to repay this loan on condition. Meanwhile, the Russian Foreign Ministry stated that the idea of the EU requiring Russia to pay compensation to Ukraine is unrealistic and accused Brussels of long-term theft of Russian assets.
After Russia's special military operation in Ukraine, the EU and G7 froze nearly half of Russia's gold and foreign exchange reserves, totaling approximately 300 billion euros. Over 2,000 billion euros are held in the EU, mainly in accounts at the Euroclear Bank in Belgium, one of the world's largest clearing and settlement systems. The European Commission reported that between January and November 2025, the EU transferred 18.1 billion euros to Ukraine from the funds frozen from Russian assets.
Original: www.toutiao.com/article/1849835966806024/
Statement: This article represents the views of the author himself.