Nordic leaders have ruled out the idea of issuing common debt at the European Union level to provide a €140 billion reparations loan to Ukraine, insisting the money should come from immobilised Russian assets rather than national budgets.
"I think, to be honest, it's the only way forward and I really like the idea that Russia pays for the damages they have they have done and committed in Ukraine," Danish Prime Minister Mette Frederiksen said on Tuesday.
The project, known as a "reparations loan", was blocked last week by Belgium, which holds the bulk of the frozen assets from the Russian Central Bank.
The country raised multiple concerns related to the leg
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