Frozen Russian Billions Could Backstop Ukraine’s War Effort

With the United States indicating that it may not be willing to finance Ukraine’s defense needs for much longer, the European Union is looking into various ways of footing a larger part of the bill in 2026 and 2027, assuming -- as most people in Brussels do -- that the war will continue. The most obvious hint of this came during European Commission President Ursula von der Leyen’s annual policy address to the European Parliament earlier in September in which she floated the idea of a “reparations loan.” More information…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com