As Ukraine faces real threats across its cities, it’s also later today facing an existential threat as EU leaders meet to vote on a loan that would be backed by frozen Russian assets worth billions of dollars.
As Ukrainians deal with the concern of having family members on the front lines and lack of heating, they are also dealing with their own personal finances and with worries about their country’s ability to weather this next winter in the conflict.
Financing could prove crucial to defending Ukraine’s front lines and paying its military personnel. But significant gaps are already forecast for next year’s budget, so the money could also support pensioners and bolster Ukraine’s economy.