EU Indefinitely Freezes Russian Assets for Ukraine Loan, Bypassing Opponents

• The EU has indefinitely frozen Russian assets in Europe to support Ukraine.
• This action prevents Moscow-friendly governments from blocking the use of these assets for Ukraine.
• The €210 billion in frozen assets will underwrite a large loan to help Ukraine meet its financial needs.
• Assets will remain frozen until Russia ends its war and compensates Ukraine for damages.
• Hungary's PM criticized the EU's action, and Belgium raised concerns about the "reparations loan" risks.

Why It Matters: EU freezes Russian assets indefinitely, securing Ukraine funding and setting a global precedent.