$50 Billion in Aid to Ukraine Stalls Over Legal Questions

Published On Sep 17, 2024, 10:49 AM

U.S. and European officials are currently struggling to finalize a plan to utilize $300 billion in frozen Russian central bank assets to provide a $50 billion loan aimed at helping Ukraine rebuild. This is due to legal complexities and differences in legal systems between the U.S. and Europe. There is an urgency to finalize the agreement before potential political shifts in the U.S. that could affect support for Ukraine, particularly ahead of the upcoming presidential election.