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Pete Ross

๐Ÿ‘ค Speaker
473 total appearances

Appearances Over Time

Podcast Appearances

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

but they failed to agree on a plan to use frozen Russian assets to back the loan to Ukraine.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

Belgium has always opposed the use of these assets on the basis that most are being held in a Brussels-based clearinghouse, leaving them legally exposed to any Russian retaliation.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

The European Council President Antonio Costa said the agreement sent a clear message that Europe's support for Kiev would not falter.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

Oleksandr Mareshko is the chair of the Foreign Affairs Committee in the Ukrainian parliament and a member of parliament for President Zelensky's Servant of the People party.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

This is his reaction to the deal.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

So, was this a compromise, or did Ukraine get the money it needed regardless of where it came from?

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

Alex Ritson spoke to our correspondent James Waterhouse, who's in Brussels.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

If you look at it in the sense of a round figure, it is what Ukraine wanted.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

This was always a proposal that was agreed by the EU to prop up Ukraine over the next two years.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

And that proposal was 90 billion euros.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

And Kiev is hoping that other allies like the UK and Canada will plug the rest of an estimated 135 billion euro hole in.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

in its national budget.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

So in essence, if you consider that it's the money they wanted, a loan they will unlikely ever have to repay, given the chances of Russia paying reparations in the medium to long term future.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

As you heard there, it allows Ukraine to keep functioning.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

But I know what you're getting at.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

I mean, there is a more concerning barometer for Ukraine,

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

where the donors, its most immediate donors, its neighbours, are clearly more divided on how and even whether to help Ukraine as Russia's invasion continues.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

Yes, because this deal only happened because certain nations managed to negotiate their own way out of them.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

Yes.

Global News Podcast
Zelensky welcomes EU's $105 billion loan for Ukraine

I mean, it was a punchy minority that have changed the course of how this was expected to go.