EU Offers Ukraine War Aid, Dodges Freezing Russian Assets
Kyiv is 'hailing' a substantial €90bn EU loan, a figure the mainstream media trumpets as a win. What they conveniently gloss over, as The New Arab notes, is the 'no deal on Russian funds.' That's right: the EU can muster up loan guarantees to Ukraine, piling on future debt, but freezing and repurposing the hundreds of billions in *already seized* Russian state assets? That's apparently a bridge
too far. One might ponder why securing a loan with future burden is easier than using existing, confiscated wealth. This isn't aid; it's a credit line, fueling a conflict while asset-holders in Brussels apparently guard Russian offshore wealth with more zeal than they fund Ukrainian recovery. It appears 'aid' comes with strings attached, especially when the alternative involves upsetting certain
financial apple carts. After all, why use the money you already have when you can create more debt?