WorldPosted at: Nov 9 2025 7:44PM


EU nations risk massive deficits, increasing public debt unless they use frozen Russian assets, Moscow warns retaliation

Brussels, Nov 9 (UNI) EU member states risk spiralling deficits and rising public debt unless they agree to use frozen Russian assets as collateral to finance Ukraine, the European Commission has warned in an internal paper obtained by the Financial Times.
The document, circulated to EU capitals this week, followed the bloc's failure last month to reach consensus on a proposed €140 billion (£120 billion) "reparations loan" for Kyiv.
According to the media platform, the body cautioned that without tapping into Russian central bank reserves frozen under sanctions, the EU would have little recourse other than approving a new scheme for joint borrowing or direct grants — options that would "directly affect" national budgets and worsen debt levels across the bloc.
Please log in to get detailed story.
Tags: #EU nations risk massive deficits# increasing public debt unless they use frozen Russian assets# Moscow warns retaliation
More News

Belarusian political prisoners released from jail after US lifts sanctions

15 Dec 2025 | 2:46 AM

Vilnius, Lithuania, Dec 14 (UNI) Altogether 123 political prisoners, including Nobel Peace prize winner Ales Bialiatski, have been released from jails after US lifted sanctions on Belarus.

see more..

Afghan police destroy huge quantity of illegal drugs

14 Dec 2025 | 2:06 AM

Kabul, Dec 13 (UNI) Police have destroyed thousands of kilograms of illegal drugs, including heroin and opium, collected over the past year in Afghanistan's eastern Ghazni province, said a statement of the Ministry of Interior Affairs today.
The public destruction was witnessed by officials, the statement said.

see more..

BNP urges interim govt to maintain law and order for next two months as polls draw near

14 Dec 2025 | 1:36 AM

Dhaka, Dec 13 (UNI) Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir urged the Interim Government to ensure maintenance of law and order in Bangladesh over the next two months, as the 13th national elections draw near.

see more..

NCP student leader ups anti-India, anti-AL rhetoric, claims 'conspiracy' to derail stability

14 Dec 2025 | 12:17 AM

Dhaka, Dec 13 (UNI) Amplifying his anti-India rhetoric, student leader and NCP chief Nahid Islam alleged that New Delhi was masterminding a conspiracy to undermine socio-political stability in Bangladesh, ever since the ouster of the Awami League regime led by Sheikh Hasina in August 2024.

see more..

Russia vows swift retaliation against EU for indefinitely freezing sovereign state assets, says bloc's policy is 'devoid of logic'

13 Dec 2025 | 11:51 PM

Moscow/Brussels, Dec 13 (UNI) Russia will respond swiftly to the European Union's decision to indefinitely freeze Russian state assets held in European banks, Foreign Ministry spokeswoman Maria Zakharova said today, warning that measures are already under way.

see more..