BRUSSELS (CN) — European Union leaders remained locked in negotiations very early Friday morning, struggling to overcome Belgian resistance to a 210 billion-euro ($220 billion) plan to finance Ukraine with frozen Russian assets as divisions over Europe’s post-American security architecture threatened to derail the bloc’s most consequential decision in years.
As the talks wore on, leaders increasingly turned toward Plan B: joint EU borrowing. The Russian assets question would be shelved for now.
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