US EditionEU Leaders Consider Using Seized Russian Assets to Fund a Loan to Ukraine
The scheme would mobilize up to €140 billion for Ukraine in 2026-27 using frozen Russian assets, with repayment contingent on Russia paying war reparations, EU officials said.
- European Union leaders are considering using frozen Russian assets to provide long-term financial support to Ukraine.
- Kremlin spokesman Dmitry Peskov stated that this plan amounts to theft of Russian property.
- European Commission President Ursula von der Leyen clarified that they are not confiscating assets, but using cash balances for a loan to Ukraine.
- Danish Prime Minister Mette Frederiksen described the Commission's plan as a good way forward, while French President Emmanuel Macron emphasized the importance of the EU being an attractive and reliable partner.
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69 Articles
EU trio in G7 look for US, Japanese backup in using Russian assets
The EU’s big three in the G7 — Germany, France and Italy — are urging Japan and the U.S. to use frozen Russian assets to help Ukraine, just as Europe is now seeking to do. The European Central Bank fears using Russian assets could undermine the global credibility of the euro — but that concern could be allayed if heavyweights such as Washington and Tokyo were to take similar action. Three officials briefed on a virtual meeting of G7 finance mini…
Plans have been outlined at the informal EU summit in Copenhagen on how to use frozen state assets of Russia. Viktor Orban explained why Hungary does not give up Russian oil.
Many EU countries support a EUR 140 billion reparation loan for Ukraine. Belgium is not yet convinced.
In Copenhagen today, EU leaders discussed support for Ukraine.
€140 billion for Ukraine: What using frozen Russian funds could mean for Europe and Moscow
European leaders are considering using 140 billion euros of frozen Russian assets to fund Ukraine amid waning US support. The plan raises complex legal, political and financial questions with far-reaching implications for Europe and Moscow. Read here
EU leaders consider using seized Russian assets to fund loan to Ukraine
Copenhagen: European Union leaders on Wednesday weighed a new scheme to provide longer-term financial and military support to Ukraine using hundreds of billions of dollars in frozen Russian assets held in Europe. The plan — which Moscow has described as “theft” — is a fresh sign of the EU’s determination to push ahead alone with support for Ukraine without the United States. Under President Donald Trump the US no longer sends financial aid to Uk…
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