The EU has agreed in principle to allocate 2.5-3 billion euros per year from frozen Russian assets to aid Ukraine, predominantly for military defense.

The proposed funding split is 90% for military assistance and 10% for economic reconstruction.

EU ambassadors have endorsed the plan, which awaits further discussion by finance ministers.

The strategy involves using uncontracted interest from the frozen assets rather than confiscating the principal amounts.

Some member states have expressed concerns over the use of frozen assets within their jurisdictions.

Belgium has agreed to the proposal amid pressure from other EU members and will steer further negotiations during its EU presidency term.

This initiative represents a significant change in the EU's policy towards Russia and its handling of the Ukraine conflict.