Keywords: Assets
The European Union has approved an interest-free loan of 90 billion euros for Ukraine, spanning 2026 and 2027, following intensive negotiations among 24 member states. The deal, announced by EU Council President António Costa, falls short of utilizing frozen Russian assets but marks a pivotal......
Türkiye’s banking sector recorded net profits of 842.84 billion Turkish liras ($19.92 billion) in November, marking a 17.3% increase compared to the same month last year, according to the Banking Regulation and Supervision Agency (BDDK). The sector’s total assets reached 44.97......
At the recent summit in Brussels, France and its allies blocked a bold European Union proposal to use hundreds of billions in frozen Russian assets to fund Ukraine’s future reconstruction, triggering sharp political tensions and accusations of betrayal from Germany. The collapse of the plan has......
European Union leaders abandoned a contentious plan to channel frozen Russian assets into aid for Ukraine after Belgium refused to back the measure without sweeping financial safeguards. The decision marked the collapse of months of negotiations and revealed the deep divisions within the bloc over how......
Russian President Vladimir Putin sharply criticized European leaders in a speech in Moscow, calling them “piglets” just hours before a decisive European Union summit on Ukraine’s future funding. The comments, made at a defense ministry meeting, underscored the rising tension between......
The Trump administration is urging European allies to abandon their plan to use frozen Russian assets to finance Ukraine’s defense and reconstruction, arguing that the $250 billion fund should remain a bargaining tool in potential peace talks. The move exposes growing divisions within the transatlantic......
Ukraine’s President Volodymyr Zelensky has warned that Russia is positioning itself for a protracted conflict, signaling plans to continue its military campaign through 2026. The statement underscores growing concerns in Kyiv that Moscow remains committed to expanding its offensive rather than......
Ukraine has accused the United States of exerting pressure on European countries to abandon plans to use frozen Russian assets to support Kyiv, according to a senior Ukrainian official speaking anonymously. The official claimed that several European states are reluctant to publicly endorse the idea......
Italy’s Prime Minister Giorgia Meloni has sharply criticized Moscow’s “unreasonable” demands in ongoing peace efforts to end the war in Ukraine. Her remarks, delivered in the Italian parliament ahead of a key European Union summit in Brussels, reflected growing frustration among......
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