EU Sees Frozen Russian Assets as Key to Sustaining Ukraine Aid
Infantry recruits undergo training in eastern Ukraine on Oct. 11.
Photographer: Ed Jones/AFP/Getty Images
The European Union is increasingly convinced that tapping around €200 billion ($232 billion) in frozen Russian central bank assets is the only viable way to put funding for Ukraine on a sustainable footing as other sources of financing run dry.
The EU will aim to reach a political agreement to use the assets at a summit meeting of leaders in Brussels next week, according to people familiar with the matter.