‘Money today or blood tomorrow’: EU leaders race to secure deal for Ukraine

Summit divided on idea of loan secured against Russian assets, as Belgium seeks guarantees if scheme goes wrong Belgian politicians and finance bosses targeted by Russian intelligence over seized assets EU leaders are racing to secure a funding deal for Ukraine that has been cast as a choice between “money today or blood tomorrow”, but Belgium continues to oppose a loan secured against Russia’s frozen assets. At a summit billed as make or break, EU leaders are discussing an unprecedented move to tap some of Russia’s €210bn sovereign assets frozen in the bloc days after the full-scale invasion of 2022. Continue reading...