Stakes High, Europe Races to Save Its Financing Plan for Ukraine
The European Union has a proposal for how to turn Russian frozen assets into a giant loan for Ukraine. If it fails, it could further weaken Europe’s global image.
Belgium
EU has a plan to use frozen Russian assets to fund Ukraine – how will it work?
What are the legal implications, and why does Belgium fear being left alone with the bill?The European Commission has proposed providing Ukraine with €90bn (£80bn) in funding over two years, which it says will meet two-thirds of Kyiv’s financing needs …
European Commission plans ‘reparations loan’ to Ukraine using frozen Russian assets
Leaders focus on bolstering Ukraine’s finances as US-Russia talks to end war make little progress The European Commission will move ahead with controversial plans to fund Ukraine with a loan based on Russia’s frozen assets, but in a concession to conce…
Former EU top diplomat among three held in fraud investigation
Belgian police raid EU foreign service HQ and College of Europe and arrest Federica Mogherini and two othersBelgian police have arrested three people including the EU’s former top diplomat Federica Mogherini and raided the headquarters of the EU foreig…
Brussels breaks Belgium’s record for longest period without a government
No sign of an end to rancour among 14 parties elected to the Belgian capital’s 89-seat parliament after 542 daysIt is a city that prides itself on the art of political compromise. But recently that quality has been sorely lacking in Brussels, which has…
Belgium hits back at EU plan to use frozen Russian assets to aid Ukraine
Prime minister says proposal violates international law and would destabilise financial marketsEurope live – latest updatesBelgium has hit back against an EU plan to use Russia’s frozen assets to aid Ukraine, describing the scheme as “fundamentally wro…
‘Is this doable?’: why political paralysis threatens an ambitious Brussels arts complex
Kanal is 95% complete and on schedule but plans to slash its budget mean conversation around its opening have moved from ‘when’ to ‘if’A year before its scheduled opening on 28 November 2026, building works at Kanal, a new contemporary art museum in Br…
Democracy Is in Trouble. This Region Is Turning to Its People.
A small corner of Belgium is recruiting ordinary citizens to help create policies. Participants say it’s renewed their faith in government.
Ukraine’s Cash Is Running Low, and Europe Has No Good Plan B
The European Union wants to finance Ukraine’s war efforts using a loan based on Russia’s frozen assets in Belgium. If that falls through, there’s no easy alternative.
Napoleon’s Brooch, Lost as He Fled Waterloo, Sells for $4.4 Million
The diamond-encrusted jewel, which the 19th-century French emperor wore on his hat, was lost along with other valuables as he retreated from his final battle.