The European Central Bank has refused to backstop a 140 billion euros ($162.53 billion) payment to Ukraine, undermining an EU plan to raise a “reparations loan” backed by frozen Russian assets, the Financial Times reported on Tuesday.
The European Central Bank has refused to backstop a 140 billion euros ($162.53 billion) payment to Ukraine, undermining an EU plan to raise a “reparations loan” backed by frozen Russian assets, the Financial Times reported on Tuesday.