The absence of a decision following the EU summit on the confiscation of Russian assets will be a blow to Ukraine.
This is reported by The New York Times.
The newspaper notes that the leaders of Western countries have actually postponed until December the adoption of a clear decision on the loan plan. According to the author of the article, this suggests that the process may take longer.
“This could be bad news for Ukraine, which urgently needs money,” the article says.
The publication also acknowledges that the confiscation of frozen Russian assets is a risky move due to the possible Russian response and damage to Europe’s reputation.
Earlier, the head of the European Council, Antonio Costa, said that he expects to make a decision on the use of Russian assets for Ukraine in December.
Politico also wrote that the European Union postponed until the December summit a decision on expropriation of Russian assets.
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