8legs: Russian central bank

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Reparations loan won't derail peace process, Kallas tells Belgian PM

EU leaders are weighing a reparations loan that would use Russian assets to fund Ukraine for the next two years.
Kallas says the loan would strengthen Europe’s position toward Moscow and Washington.
Belgian Prime Minister De Wever opposes the plan, warning it could derail dialogue with Russia and affect Belgium’s liabilities.
EU leaders plan to decide on a new financing source for Ukraine when they meet on December 18.
De Wever argues common borrowing would be cheaper than a reparations loan, if risks are accounted for.
EU defence ministers discussed pressure on Russia and support for Ukraine amid the stalled plan.
EU officials consider Plan B if the reparations loan stalls, including other financing routes.
IMF involvement remains in the mix as Kyiv seeks macroeconomic stability.
EU officials hope a solution will allow Kyiv to defend itself without overburdening member states.
Belgium hosts Euroclear and is central to the asset discussions in the reparations proposal.

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