Belgium is holding the line on using Russia's frozen assets for now, which leaves Europe obligated to keep the lights on and the war going
By Ian Proud
Even if war ended tomorrow, Europe could be on the hook for 135 billion euros (nearly $160 billion) over the next two years to keep Ukraine afloat. Brussels does not appear to have a plan B up its sleeve.
The article describes the challenges and choices that need to be made to end the Ukraine war. The article suggests that Ukraine will likely have to accept a ceasefire along the line of contact and abandon its ambition to join NATO. The article also highlights the need for Europe to provide substantial financial support for Ukraine's reconstruction and to establish a reliable monitoring mechanism to ensure Russia's compliance with any agreement.
