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EU Leaders Debate Ukraine Loan Package, Frozen Assets
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European leaders gather to discuss a substantial loan package for Ukraine, aiming to secure funding for military and financial needs over the next two years. The International Monetary Fund estimates Ukraine requires around one hundred and thirty-seven billion euros due to the ongoing conflict. Migration, expansion, trade agreements, and economic strategies are also on the agenda, but funding Ukraines needs remains the top priority. Leaders are considering using frozen Russian assets, but Belgium opposes this idea due to potential retaliation. Hungary and Slovakia are against a proposed reparations loan plan. The discussions could last for several days, with no majority support for an alternative plan to raise funds on international markets.
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