By Eliza Popova
Officials read that at first Ukraine will return the loan only after the Russian Federation has completed the war and pay post -war reparations. The next step is to return the EU European Union from Belgium, which controls the frozen assets of the Russian Federation, the document is said. The European Commission is convinced that Ukraine needs to issue a loan by tranches. Part of the amount will go to "defense cooperation" and support the budget of Kiev.
Europeans also thought about changing the procedure for restoring sanctions from a unanimous decision to a qualified majority. Thus, the EC wants to reduce the risk of blocking decisions from Hungary. It is also noted that German Chancellor Friedrich Merz supported the idea of transforming Russian reparations into loans for Ukraine. According to him, money should only be spent on military assistance.
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