EU Commission Mulls Joint Debt, Bilateral Grants to Plug Ukraine Funding Gap

Contributing sentiments towards policy:

57% : The next meeting of EU leaders is due to take place in Brussels on 18, 19 December.
56% : Germany, France, and Luxembourg are among the other EU countries believed to hold some of the assets.
52% : The reparation loan is the Commission's preferred option for supporting Ukraine despite Belgium's refusal to back the scheme at a summit of EU leaders in Brussels in October, the sources said.
52% : The Commission estimates that €25 billion worth of Russian sovereign assets are held in the EU outside Belgium.
46% : The European Commission is considering plugging Ukraine's colossal funding gap with cash raised from common EU debt and bilateral member state grants, according to three people familiar with the matter.
45% : " The joint borrowing possibility set out in the Commission's paper will not seek to back the loan using the EU's own long-term budget as there is insufficient headroom to do so, the people familiar with the matter said.
44% : Belgian Prime Minister Bart De Wever has pledged to block the reparation loan scheme unless other member states share legal and financial risks associated with the loan, and other EU countries harness Russian sovereign assets held in their own jurisdictions alongside Belgium.

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