EU backs Ukraine's funding needs, delays plan to use frozen Russian assets

Contributing sentiments towards policy:

54% : Many EU governments had hoped the summit would endorse the concept and instruct the European Commission to draft a formal legal proposal.
51% : European Union leaders on Thursday agreed to support Ukraine's urgent financial needs over the next two years but stopped short of approving a plan to use frozen Russian assets to fund a massive loan for Kyiv.
47% : "Anyone who delays the decision on the full use of frozen Russian assets is not only limiting our defence, but also slowing down the EU's own progress," he said.
45% : EU officials aim to reach a decision in December.
45% : He called on EU members to share the costs of potential legal challenges from Russia and suggested that frozen Russian assets held by other countries also be included in the plan.
40% : The sanctions are part of the EU's 19th package aimed at exerting economic pressure on Russia over its invasion of Ukraine, news agency PTI reported.
30% : ALSO READ: Trump denies report of US approval for Ukraine's strikes inside Russia Belgium seeks guarantees before backing loan Belgian Prime Minister Bart De Wever said that he would only support the loan if there were clear legal assurances and shared risk among EU countries.
28% : " Also Read Oil disruption widens as China halts some Russia buys after US sanctions White House calls new US sanctions on Russian oil 'appropriate, necessary' EU sanctions 45 entities, including 3 India-based firms, over Russia links Trump's turnaround sanctions target Russian oil firms that fund Ukraine war EU imposes new sanctions on Russian energy, joins US in pressure campaign Zelenskyy urges quick EU decision Ukrainian President Volodymyr Zelenskyy, attending the summit as a guest, pressed EU leaders to approve the loan plan promptly.
28% : EU sanctions 45 firms The EU imposed sanctions on 45 entities, including three India-based companies, for alleged ties to Russia's military.

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