Zelensky gives stark warning as EU leaders decide on Russia’s frozen assets

Ukraine is months from running out of cash and Zelensky said without an injection by spring Ukraine "will have to reduce production of drones". - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Volodymyr Zelensky has urged EU leaders at a crucial summit to approve a multi-billion euro loan to Ukraine, using frozen Russian assets to address military and economic needs. Ukraine faces a significant cash shortage by spring without this injection of funds.

Ukraine is projected to face a €45-50bn deficit next year.
Most of Russia's €210bn (£185bn; $245bn) in frozen assets are held by the Belgium-based organization Euroclear.
Ursula von der Leyen, European Commission chief, has vowed, "we will not leave the summit without a solution."

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