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Event Brief

EU refuses to tap Russian reserves for Ukraine

Leaders agreed to an alternative loan plan, impacting EU politics.
WHO: EU leaders, Ursula von der Leyen, Friedrich Merz
WHAT: Refusal to use Russian reserves for Ukraine funding
WHEN: Dec 18, 2025 at 7:00 PM ET
WHERE: European Union
WHY: To pursue an alternative loan plan
Sources (1): Euractiv

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