MNI BRIEF: EU PMs Urge Quick Deal On Reparation Loan

The prime ministers of Finland, Poland, Sweden, Ireland and the three Baltic states have written to European Union President Antonio Costa and European Commission President Ursula von der Leyen urging an agreement on the Ukraine reparation loan proposal at the upcoming EU summit. 

The seven leaders say a loan based on immobilised Russian assets is the "most financially feasible and politically realistic solution, it addresses the fundamental principle of Ukraine’s right to compensation for damages caused by the aggression."

"Time is of the essence. By reaching a decision on the reparations loan at the European Council in December we have the opportunity of putting Ukraine in a stronger position to defend itself and a better position to negotiate a just and lasting peace," they add.