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The Belgian government has proposed the Group of Seven (G7) countries a plan that will see frozen Russian assets being used to benefit Ukraine. Source: European Pravda, with reference to the Financial Times Details: Belgium's plan envisions that Ukraine's allies could raise debt to fund it, "using Russian assets as a backstop for the repayment in a move that would force Moscow to start paying for its invasion," the FT wrote.

The war could bring Vladimir Putin "certain victories" if the West does not help Ukraine resist Russian aggression, Lithuanian Foreign Minister Gabrielius Landsbergis said on Feb. 3, ahead of an informal meeting of EU foreign ministers in Brussels, news agency Ukrinformreports.

Frustrations with Hungarian Prime Minister Viktor Orbán's blockade of Ukraine financial aid were on display at a specially convened EU leaders summit. "Viktor definitely wants to be the centre of attention every time we are here, but it shouldn't be like this," Estonian Prime Minister Kaja Kallas said on arrival, adding her concern about the pattern continuing. Finnish Prime Minister Petteri Orpo said it was "unacceptable that one country can block such an important decision," underlining the im

Polish Prime Minister Donald Tusk said that his intuition tells him that EU countries will eventually find arguments to convince Hungarian Prime Minister Viktor Orban to unblock €50 billion in funding for Ukraine.

Ukraine's Foreign Minister Dmytro Kuleba has stated that Hungary did not succeed in making the EU approve aid to Ukraine annually, which removes the issue of the country vetoing support to Ukraine. Source: European Pravda, citing Kuleba on Twitter (X) after the announcement of the EU leaders' decision Quote from Kuleba: "The second thing: the need for the European Council to annually approve decisions on allocating a specific amount from the 50 billion [euros] did not pass.