€135 Billion at Stake: EU Faces Ukraine Aid Deadline

WooGlobe

The European Union is facing a massive decision — how to cover Ukraine’s €135 billion financial and military needs over the next two years. EU Commission President Ursula von der Leyen has urged all 27 member states to act before the December summit. With three complex options on the table — from voluntary contributions to tapping into frozen Russian assets — the pressure is on. Will Europe step up in time, or will hesitation cost Ukraine dearly? WooGlobe Ref : WGA934267 For licensing and to use this video, please email licensing@wooglobe.com

Transcript

00:00A 135 billion euros gap for Ukraine, and no easy way to fill it.

00:05Now the EU has weeks to decide, or risk losing everything.

00:09EU Commission President Ursula von der Leyen has sent an urgent letter to all 27 EU leaders.

00:14She's calling for a deal by December to support Ukraine's military and economy for two more years.

00:19The cost? 135.7 billion euros.

00:23That's over 83 billion euros for defense.

00:26An EUR 52 billion to stabilize the economy.

00:28She lays out three options.

00:31First, voluntary national donations.

00:34Second, raising joint EU debt.

00:37Third, a bold move, using frozen Russian assets as collateral for a loan.

00:42But Belgium, the host of most of these Russian funds, is hesitant, fearing legal backlash and retaliation from Moscow.

00:49Even if everything works legally, von der Leyen warns,

00:52this could still look like confiscation.

00:54And that could shake financial markets.

00:56With a summit in Brussels on December 18th,

01:00von der Leyen says Europe can't afford to hesitate.

01:03Because for Ukraine, delay could mean disaster.

01:05The better is temporary.

01:06After.

01:07After.

01:07Before.

01:07After.

01:09Thank you for your advice.

01:10For their future.

01:11Even better.

01:12Another.

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