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EU finds more money for Ukraine, but fails to reach deal to release frozen Russian assets

World2025-12-18
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Two women and a man in suit jackets join hands together in a celebratory pose.

European Union leaders have decided to borrow cash to loan 90 billion euros ($145 billion Cdn) to Ukraine to fund its defence against Russia for the next two years rather than use frozen Russian assets, sidestepping divisions over an unprecedented plan to finance Kyiv with Russian sovereign cash.



Source: CBC

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