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The EU proposed two options for using frozen Russian assets to finance Ukraine

The European Union has proposed two basic options for using frozen Russian assets to provide financial support to Ukraine, EU economic affairs spokesman Balazs Ujvari said, according to the EU's website. The Guardian.

According to him, the EU has proposed "two fundamental solutions" regarding a reparations loan and alternative joint borrowing. It is on this basis that further exchanges and discussions are taking place ahead of this week's European Council summit.

"We are proposing two solutions that will guarantee that Ukraine will have the necessary funding in 2026 and 2027. If you look at the available figures, at the beginning of the year Ukraine is generally provided with resources, and new solutions may come into effect in early spring," — Uyvari noted.

He added that it is this approach that shapes the European Commission's vision regarding the timeframe for further financial decisions regarding support for Ukraine.

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