The Member States’ ambassadors to the European Union (Coreper) reacted, on Monday 16 September, to the three options submitted to them by the European Commission and the European External Action Service (EEAS) with a view to increase the legal certainty of European loans to Ukraine starting in 2025, by pledging them against future profits generated by the Bank of Russia’s assets frozen in the EU (see EUROPE B13460A13).
Of the three options presented, two are favoured by the Member...