The European Commission has pitched a novel plan to leverage the frozen assets of the Russian Central Bank and issue an extraordinary €140 billion to Ukraine, which the country would repay only after Moscow covers the costs of the destruction.
The proposal for a so-called "Reparations Loan" was first previewed by Ursula von der Leyen earlier this month during her State of the EU speech as a way to continue assistance to Kyiv without further burdening cash-strapped member states.
