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Monday - Friday, 08:00 - 11:00 CET | 14:00 - 17:00 HK/SG CNBC's Ritika Gupta reports from Brussels as European Union leaders meet to decide on using frozen Russian assets for Ukraine's war effort.

This is read by an automated voice. Please report any issues or inconsistencies here. EU leaders approved a $106-billion interest-free loan to Ukraine to aid military and budgetary needs through 2027.

European Union leaders will decide whether to use frozen Russian assets to lend billions of euros of cash to Ukraine to keep its war effort afloat at a summit on Thursday seen as a critical test of ...

The European Union is on the precipice of a momentous decision on whether to use frozen Russian assets to finance more support for Ukraine, an unprecedented plan that has set up a clash between the ...

Nikiforos Panourgias currently receives research funding from the Chartered Institute of Management Accounting. He has also received funding in the past from the European Commission Horizon 2020 ...

The European Union on Friday indefinitely froze Russia’s assets in Europe to ensure that Hungary and Slovakia, both with Moscow-friendly governments, can’t prevent the billions of euros from being ...

MOSCOW, Dec 11 (Reuters) - The European Commission has proposed an unprecedented use of about 210 billion euros of frozen Russian sovereign assets to finance Ukraine. Russia, which does not hold ...

Ukraine is running out of money. Europe has a plan that would largely balance the books, win it a seat in the U.S.-led negotiations to end the war and equip Kyiv to seek better terms for peace. The ...

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Leading U.S. asset managers such as Goldman Sachs, Blackrock and JP Morgan lost billions of dollars through writing off their Lukoil stocks holdings following Russia’s invasion of Ukraine in 2022.