{"id":11808,"date":"2025-12-18T11:51:25","date_gmt":"2025-12-18T12:51:25","guid":{"rendered":"http:\/\/www.globaltalenthq.com\/?p=11808"},"modified":"2025-12-22T20:02:04","modified_gmt":"2025-12-22T20:02:04","slug":"eu-pushing-buy-european-rule-for-arming-ukraine-bloomberg","status":"publish","type":"post","link":"http:\/\/www.globaltalenthq.com\/index.php\/2025\/12\/18\/eu-pushing-buy-european-rule-for-arming-ukraine-bloomberg\/","title":{"rendered":"EU pushing \u2018Buy European\u2019 rule for arming Ukraine \u2013 Bloomberg"},"content":{"rendered":"
By tapping Russian assets frozen in the bloc, its members aim to boost their own defense industry while arming Kiev<\/strong><\/p>\n<\/p>\n The EU wants to retain proceeds from frozen Russian assets by introducing a “Buy European”<\/em> boost for its own defense industry as it arms Ukraine, and is moving to lock in strict procurement rules for a potential loan for Kiev, Bloomberg has reported.<\/p>\n EU members have long debated tapping Russian central bank funds frozen in the West as part of a “reparations loan”<\/em> to Kiev. The bloc’s leaders hope to clinch the plan at a summit this week. Moscow has condemned any use of its immobilized funds as “theft.”<\/em><\/p>\n The draft would steer up to €210 billion ($246 billion) over the next five years to defense suppliers based in the EU and Ukraine, with a limited carve-out for non-EU members such as Norway. Brussels is reportedly seeking to ensure that any boost to Ukraine’s military capacity directly supports the bloc’s own defense industry, the outlet said on Wednesday, citing a proposal circulated to member states this week.<\/p>\n \n Read more<\/strong><\/span><\/p>\n Participation by non-EU countries would be tightly capped and regulated, a condition that would sharply limit Kiev’s ability to use the loan to buy US-made weapons, the outlet said, citing the proposal.<\/p>\n Earlier this year, US President Donald Trump rolled out a new Ukraine arms-supply scheme under which Washington sells weapons sought by Kiev to NATO members, who then deliver them to the country.<\/p>\n In November, Trump said the US was no longer “spending”<\/em> money on Ukraine and was instead taking in funds through weapons sales to NATO countries.<\/p>\n The reported proposal would also give the European Commission the power to require European defense manufacturers to prioritize orders for Ukraine and to impose penalties for non-compliance.<\/p>\n