Ursula von der Leyen is advancing an EU plan to provide Ukraine a €185 billion zero-interest "reparations loan" using €210 billion in frozen Russian assets, with Belgium objecting over legal and financial risks, and alternative common EU debt options under consideration.The proposal draws support from Maria Malmer Stenergard and Friedrich Merz, while Vladimir Putin rejects Western peace terms and threatens retaliation if the frozen assets are used.Donald Trump endorses a U.S. alternative to channel frozen assets through an American-Russian investment vehicle, as ongoing
NATO and EU discussions seek coordinated military and financial support for
Ukraine.