Merz says frozen Russian assets must stay in Europe amid reported US proposal
European officials rejected a U.S. plan to shift control of about €260 billion in frozen Russian assets as peace talks stalled.
- On Thursday, German Chancellor Friedrich Merz affirmed European officials rejected a United States proposal to transfer some €260 billion in frozen Russian assets into a Washington-managed vehicle intended to revive peace talks.
- U.S. special envoy Steve Witkoff and Jared Kushner presented the plan during meetings in Miami last week, aiming to use frozen funds as an incentive to revive peace negotiations between Russia and Ukraine.
- Finnish Prime Minister Petteri Orpo led opposition, stating "the idea of releasing these assets is completely out of the question" and emphasizing funds must remain under European oversight for Ukraine.
- Currently, the European Union channels earnings from immobilized reserves toward assistance for Ukraine while insisting the principal assets remain frozen within the bloc's control indefinitely.
- Kremlin spokesperson Dmitry Peskov vowed to pursue "stolen assets" through legal proceedings, highlighting tensions between Washington's negotiation tactics and European insistence on maintaining pressure against Moscow.
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Trump Administration Proposes Unfreezing Russian Assets to Revive Ukraine Peace Talks, Europe Rejects Plan
U.S. negotiators have proposed releasing some of Russia's frozen sovereign assets into a Washington-controlled financial fund, but European officials rejected the idea amid concerns that ... The post Trump Administration Proposes Unfreezing Russian Assets to Revive Ukraine Peace Talks, Europe Rejects Plan first appeared on [your]NEWS.
Europe shuts US out of Russian assets conversation
"These are frozen Russian assets held in Europe, belonging to Russians who are destroying Ukraine and killing people there every day... the idea of releasing these assets is completely out of the question," said Finnish Prime Minister Petteri Orpo.
MichaelSavage.com – US Floats Unfreezing Russian Assets to Revive Ukraine Peace Talks
The Trump administration has proposed unfreezing some Russian government assets frozen after Moscow's 2022 invasion of Ukraine in an effort to revive stalled peace negotiations, but European officials rejected the proposal, the Financial Times reported Wednesday. The plan, pitched by U.S. special envoy Steve Witkoff and Jared Kushner, President Donald Trump's son-in-law, would involve transferring…
Federal Chancellor Friedrich Merz does not want to share confiscated assets from Russia with the US. At the same time, he promotes further or even stronger support for Ukraine. But not everyone in Europe thinks so.
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