EU indefinitely freezes Russian assets for Ukraine, bypassing Hungary, Slovakia

• EU indefinitely froze Russian assets in Europe.
• This action prevents Hungary and Slovakia from blocking the use of assets for Ukraine.
• Assets are frozen until Russia ends the war and compensates Ukraine for damages.
• The freeze clears the path for a major plan to use these assets for a loan to Ukraine.
• The loan aims to support Ukraine's financial and military needs for the next two years.

Why It Matters: EU's indefinite Russian asset freeze enables crucial, long-term funding for Ukraine.