EU Prepares Legal Plan to Unlock €140 Billion Ukraine Loan

Ursula von der Leyen
Photographer: Martin Bertrand/AFP/Getty Images

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By Jorge Valero, Andrea Palasciano, and Katharina Rosskopf

November 26, 2025 at 8:29 AM UTC

Updated on

November 26, 2025 at 10:43 AM UTC

The European Union will unveil a legal proposal in the coming days that would finally enable the bloc to use Russia’s immobilized central bank assets for a €140 billion ($162 billion) loan to Ukraine.

European Commission President Ursula von der Leyen told lawmakers in Strasbourg, France, on Wednesday that Brussels was now ready to present the text.