World Business Report

Volodymyr Zelensky has called on EU leaders at a crunch summit urgently to agree to a multi-billion euro loan in frozen Russian money to fund Ukraine's military and economic needs. Andrew Peach hears from EU leaders and an expert in Brussels. 
Also, Bolivia ends two decades of fuel subsidies, introducing tough measures to stabilise the public finances, but will people put up with paying more for fuel?
And the economic challenges of making guitars, as Hoffner - famous for making Paul McCartney’s iconic violin-shaped bass guitar – has filed for insolvency in Germany. 
(Photo: Ukrainian President Volodymyr Zelensky gives a press conference during the EU Council Summit in Brussels, Belgium, 18 December 2025. Credit: OLIVIER HOSLET/EPA/Shutterstock)

Will Europe use frozen Russian assets to fund Ukraine?