BRUSSELS—The European Union is racing towards the clock to beat Belgium’s objections to a plan to fund Ukraine’s protection utilizing Russian cash.
Ukraine is on target to expire of money within the spring, EU officers say, and so they see
their loan proposal as the most suitable choice for permitting Kyiv to proceed shopping for weapons. The plan would lend as a lot as 183 billion euros (about $213 billion) to Ukraine, backed by Russian monetary belongings which can be immobilized in Belgium.
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