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European Commission President Ursula von der Leyen: Our proposal for financing Ukraine has received a positive response from the United States.

European Commission President Ursula von der Leyen: A strong liquidity mechanism has been secured.

European Commission President Ursula von der Leyen: We have informed the United States about this latest financing plan for Ukraine.

European Commission President Ursula von der Leyen: Consultations on the asset proposal have not yet been completed.

EU Trade Commissioner Dombrovskis: The loan is intended to address Ukraine’s evolving (financing) needs.

EU Trade Commissioner Dombrovskis: The loan will not be disbursed all at once.

EU Trade Commissioner Dombrovskis: The relevant proposal is based on the premise that Ukraine has met the basic preconditions for receiving aid.

EU Trade Commissioner Dombrovskis: Given that €210 billion in assets are frozen within the EU, this is the highest amount of loan we can offer.

EU Trade Commissioner Dombrovskis: Due to the so-called "no-claims clause," claims against Belgium or any other member state cannot be enforced within the EU.

A Reuters poll predicts the euro will trade at $1.17 in three months, $1.19 in six months, and $1.20 in one year (compared to $1.18, $1.20, and $1.21 in the November poll).

EU Trade Commissioner Dombrovskis: The risk of this happening is very low.

EU Trade Commissioner Dombrovskis: The protection measures will cover an unlikely scenario in which the EU would have to repay its loans without compensation.

EU Trade Commissioner Dombrovskis: We call on member states to provide guarantees to support loans to Ukraine.

European Commission President Ursula von der Leyen: The funds will be primarily used for the production and procurement of products in Ukraine and within the EU.

European Commission President Ursula von der Leyen: The loan proposal includes strong safeguards to minimize risks as much as possible.

European Commission President Ursula von der Leyen: The loan proposal includes strong safeguards to minimize risks as much as possible.

European Commission President Ursula von der Leyen: The compensation loan proposal takes into account almost all of Belgium's concerns.

European Commission President Ursula von der Leyen: The funds will be used for budgetary support and military support.

European Commission President Ursula von der Leyen: We take the remaining cash and provide it to Ukraine as a loan, which Ukraine will repay when Russia pays its compensation.

The European Commission proposed in its Ukraine package to bring all financial institutions holding cash balances of frozen Russian assets within the EU under its supervision.