Ukraine and Russia have dominated today’s talks, with Belgium playing hardball on the EU’s plan to use frozen Russian assets for a €140 billion loan for Ukraine.

  • Belgium, which holds most of the assets, fears legal and financial retaliation from Moscow and wants others to share the risk.
  • After drawn-out and complex talks, the country’s leader, Bart De Wever, agreed to wording that delays a decision.
  • Earlier, Ukrainian President Volodymyr Zelenskyy told leaders that Kyiv would prioritize domestic and European industry when spending money from the loan — but insisted on being able to buy American if needed.
  • Leaders finished their debate on climate and competitiveness without any major blow-ups.
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