The workaround would facilitate a $50 billion loan for Kiev backed by Russian funds, the outlet reports The European Union has developed a scheme to bypass Hungary’s veto and use profits from frozen Russian assets to secure a $50 billion loan for Ukraine, which will be used to purchase arms, the Financial Times reported on Monday. The article featured comments from unnamed officials as well as top EU diplomat Josep Borrell. In May, Hungary blocked legislation that would have allowed the EU to hand over interest accrued on Russian funds to Ukraine. The West froze around $300 billion in Russian sovereign assets whe
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