ECB refuses to provide backstop for €140bn Ukraine loan

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The European Central Bank (ECB) has rejected a proposal by the European Commission to use frozen Russian assets as a backstop for a €140bn loan to Ukraine, citing concerns over its role in providing financial guarantees.

Market Impact

Market impact analysis based on bearish sentiment with 63% confidence.

Sentiment
Bearish
AI Confidence
63%

Article Context

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Central bank rejects role in European Commission proposal that uses frozen Russian assets

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Full article on Financial Times
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Original article published by Financial Times on December 2, 2025.
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