In an interview, political analyst Valeriy Klyuchok discussed President Zelensky's confidence in obtaining a reparations loan backed by frozen Russian assets. Zelensky noted that the issue is under discussion in Brussels, but there is no unanimous support in the EU; seven countries have expressed doubts about this approach.
Klyuchok believes the question is not whether to provide aid, but rather which funding source to use. He stressed that Europe is ready to support Ukraine financially, but direct use of frozen Russian assets remains contentious. Alternatives, such as guarantees from European financial institutions, are being considered.
The expert also highlights that any financial aid will not go directly into Ukraine's budget, but will be closely controlled by the EU due to corruption concerns. Funds will be directed, in particular, towards social payments and European-made military equipment.
Against the backdrop of ongoing negotiations, Klyuchok underlines that the US advises against tapping into Russian assets, in order to avoid provoking Russia during talks. As before, there is no unity in Europe and a rapid decision on frozen Russian assets should not be expected.
On the subject of security guarantees for Ukraine and US plans, Klyuchok emphasizes the importance of legal commitments and continued international backing. Meanwhile, Russia seeks to use information pressure in its favor, but faces increasing internal contradictions.
Klyuchok concludes that Brussels will not approve the use of frozen Russian assets anytime soon. Instead, Ukraine will receive an alternative loan backed by European financial guarantees.
