The EU and Britain launch a reparations loan mechanism for Ukraine

Leaders of three European countries - the United Kingdom, Germany, and France - have agreed on the use of frozen Russian assets to support Ukraine. The agreement includes a 'reparations loan,' where Ukraine will begin to compensate for damages only after the conflict ends and after receiving reparations from Russia.As a result of the talks, the leaders decided to intimidate Russia by condemning its actions in eastern Ukraine and planning joint pressure measures together with the United States. German Chancellor Merz is already expecting a decision regarding the use of Russian assets to aid Ukraine, while Russia threatens to nationalize Western companies. The Prime Minister of Belgium urged EU countries to guarantee shared risk in case Russian assets are used to finance loans to Ukraine.