The Latest Breaking News from Bart De Wever

This €90bn agreement won out over a plan to use frozen Russian assets, but has been hailed a ‘huge deal for the EU’

During his annual press conference and call-in show, the Russian president stated that his troops were advancing in Ukraine, the day after EU leaders agreed on a €90bn loan for Kyiv, avoiding the use of frozen assets.

Bart De Wever will also discuss migration, security and economy ahead of coalition of the willing meeting and EU summit next week

Euroclear, the custodian of the immobilised Russian assets, has criticised the reparations loan for Ukraine as fragile, unpredictable and risky. In Brussels, the German chancellor holds a crisis meeting with the Belgian prime minister to find a compromise and break the deadlock on the proposal.

Disagreements within the bloc prevented a deal being struck to use the assets

Liquidity guarantees, legal protection, anti-corruption safeguards, 'Made in Europe' criteria: here's how Ursula von der Leyen intends to overcome the Belgian resistance and approve the reparations loan for Ukraine.

Belgian Prime Minister De Wever lashed out at plans for a reparations loan in a strongly worded letter to Ursula von der Leyen, calling it dangerous and wrong. European officials are seriously considering a bridge loan as clock ticks for the December summit. Belgian resistance is seen as entrenched.

Hopes to secure a reparations loan for Ukraine have been dashed after the Belgian prime minister blasted the proposal as "fundamentally wrong" and called on the EU to raise fresh debt instead of touching the Russian assets.

The new peace plan promoted by the United States has added fresh complications for the EU's unprecedented proposal to issue a reparations loan for Ukraine pegged to Russia's frozen assets. Leaked documents show the funds would be released and invested.