Ursula von der Leyen announced a 35 billion euro loan to Ukraine, backed by frozen Russian assets, amid stalled discussions for U.S. contributions.
This loan would bolster Ukraine financially without increasing direct aid from European budgets, crucial as they face winter amidst ongoing conflict.
The loan relies on interest from $300 billion in seized Russian assets, but there are concerns over potential declines in returns due to lower rates.
Ukraine's financial needs are urgent, as the country is running out of money for weapons and infrastructure repair while facing intensified Russian attacks.
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