The IMF may block financial support for Kyiv without providing Ukraine with a loan secured by "frozen" Russian funds - Politico

Kyiv • UNN

November 3 2025, 08:09 AM • 28626 views

IMF support for Ukraine depends on the EU's decision regarding a multi-billion dollar loan secured by frozen Russian assets. Belgium's refusal could lead to a blockade of IMF funding, which amounted to $8 billion.

The IMF may block financial support for Kyiv without providing Ukraine with a loan secured by "frozen" Russian funds - Politico

Against the backdrop of Ukraine's huge budget deficit, the current intrigue is whether Brussels will agree to support a multi-billion euro EU loan for Kyiv, using frozen Russian state assets. UNN writes this with reference to Politico.

Details

As the US has somewhat reduced its support for Ukraine, the financial capacity of the country, which has been suffering from aggression from the Russian Federation for many years, depends on whether the EU will be able to issue a "reparation loan" of 140 billion euros, secured by the aggressor country's frozen assets. Against this background, the question of further support for Ukraine from the IMF arises.

Belgian PM criticized for stalling "reparation loan": media learned details and what the Belgian budget has to do with it25.10.25, 15:00 • 6733 views

Politico writes that Belgium's refusal to support a multi-billion euro EU loan for Ukraine could prompt the International Monetary Fund to block financial support for Kyiv. Earlier, the IMF considered providing Kyiv with an $8 billion loan over the next three years.

We are facing a time frame problem
- an EU official said on condition of anonymity.

Politico's source points to the fact that the next meeting of EU leaders is scheduled only for December 18 and 19, but Ukraine needs more urgent decisions.

Belgian PM wants guarantees from allies on Russian assets in Euroclear for Ukraine: threatens to block23.10.25, 12:23 • 5325 views

While the US has to some extent stepped back from the financial burden of supporting Ukraine, these needs will be borne by the EU in the coming years. However, the uncertainty of the "reparation loan" and the possible delay of the IMF program, as Politico notes, will have an impact, creating distrust among investors regarding the financial viability of Ukraine, which continues its path to reforms.