France has raised major concerns over Ukraine’s ability to repay a proposed $160 billion EU loan backed by frozen Russian sovereign assets, with French Foreign Minister Jean-Noël Barrot urging G7 nations to share financial guarantees for the unprecedented scheme. The EU proposal involves lending Ukraine funds now using immobilized Russian central bank assets (mostly at Belgium’s Euroclear) as security, but Ukraine would only have to pay back the loan if Russia later pays war reparations—something seen as highly unlikely.
News/Videos/ Macron's minister accidentally leaks Ukraine plan to 'steal' $160 billion from west? | Russia| France