Europe to Lend $105 Billion to Ukraine

“European leaders agreed early on Friday morning to keep Ukraine funded for two years with a loan of 90 billion euros, or about $105 billion, though they failed to agree on their first-choice option of using Russian state assets frozen on the continent as backing for the loan,” the New York Times reports.

“That ambitious frozen-asset plan was killed at the 11th hour as European heads of state and government met in Brussels — a show of division that risked making the European Union appear indecisive at a key moment.”