Europe has taken one of its biggest wartime financial decisions yet. After intense late-night negotiations, the EU has officially approved a two-year, interest-free lifeline for Ukraine, designed to keep the country’s economy, military support systems, and government operations running through 2026. Instead of tapping into Russia’s frozen assets directly, EU leaders have chosen to raise the funds through capital markets, citing ongoing legal and technical barriers that have stalled any immediate use of Moscow’s immobilised billions. Antonio Costa emerged from marathon talks announcing the €90 billion support package, marking one of the EU’s strongest joint commitments since the war began. WATCH
20 December,2025 08:00 PM IST
Polish Prime Minister Donald Tusk has sounded a clear warning that Russia is closely watching the latest round of peace-focused talks, even as Europe, the United States, and Ukraine attempt to project rare strategic unity. In a candid admission, EU leadership confirmed that frozen Russian-linked assets and European funds are being redirected to strengthen Ukraine’s position, a move aimed at tightening pressure on the Kremlin while reinforcing internal EU solidarity. The decision has reignited debate over how far Europe is willing to go financially and militarily to sustain Kyiv in a protracted conflict. WATCH
20 December,2025 07:32 PM IST
European Union leaders are facing a high-stakes decision over nearly $200 billion in frozen Russian assets, as pressure mounts to secure long-term funding for Ukraine’s war effort. At a critical summit in Brussels, divisions have emerged over whether the EU can legally and safely use Russian central bank funds to support Kyiv. Ukrainian President Volodymyr Zelenskyy has stepped up diplomatic efforts, holding direct talks with Belgian Prime Minister Bart De Wever, as Belgium holds the largest share of the frozen assets through the Euroclear clearing house.
19 December,2025 12:16 AM IST
A catastrophic train collision near Jablonov nad Turňou in Slovakia’s Košice Region left around 100 people injured, including two in critical condition. The two express trains reportedly collided head-on on a single-track line. Local authorities have launched a major rescue operation with ambulances and helicopters on scene, calling it one of Slovakia’s worst rail disasters in years.
13 October,2025 12:59 AM ISTADVERTISEMENT
