00:00EU leaders have agreed to continue financial support for Ukraine over the next two years,
00:06but stopped short of releasing more than 140 billion euros in frozen Russian assets to fund the country's defense.
00:14Belgium raised legal concerns over using Moscow's seized funds,
00:19warning it could trigger major litigation and financial instability.
00:22The plan, which would convert Russian assets into reparations loans for Ukraine, has been postponed until December.
00:32Speaking at the Brussels summit, Belgian Prime Minister Bart Deweyver warned that the proposal ventures into uncharted territory,
00:40adding Belgium needs concrete and solid guarantees before moving forward.
00:45European Commission President Ursula von der Leyen meanwhile said the issue is legally complex,
00:51but stressed the EU remains committed to meeting Ukraine's financial needs.
00:56Ukrainian President Volodymyr Zelenskyy called the outcome a signal of political support for Kyiv's fight against Moscow.
01:04Meanwhile, the EU announced new sanctions on Russia's energy sector,
01:08mirroring recent US measures targeting oil giants Rosneft and Lukoil.
01:13The summit comes ahead of a London meeting on Friday,
01:16where Zelenskyy is expected to push for expanded long-range missile supplies to Ukraine.
Comments