EU 'Finds' €90BN for Ukraine as Russian Asset Plan Fails
So, after months of hand-wringing and legal gymnastics over how to 'responsibly' funnel seized Russian assets to Kyiv—a plan that involved more bureaucracy than actual asset transfer—the EU has suddenly 'agreed' to a €90 billion loan. This comes from the FT, celebrating the bloc's 'resilience.' Funny how 'resilience' often translates to printing money when the politically convenient narrative
demands it, yet tightens austerity belts when it comes to social spending or domestic infrastructure. This isn't about 'frozen assets' failing; it's about shifting the burden. It appears easier to commit future generations to debt than to navigate the complex legal and diplomatic fallout of outright confiscation. The money, as always, is there when the war machine needs it, while the 'tough
choices' are for everyone else. How many 'urgent humanitarian crises' in, say, Gaza, or crumbling public services across Europe, could use that kind of financial agility?