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The European Union has been seeking to leverage a quarter of a trillion dollars in frozen Russian funds held within the bloc to arm Ukraine. However, EU members have not been able to agree on a scheme, putting the project in jeopardy.
According to diplomats speaking with the New York Times, the bloc has been unable to convince multiple states to support a plan to use Russian assets as collateral for a massive loan to Ukraine. The main obstacle is Brussels' refusal to go along with the. . .
