US EditionRussian Ambassador Slams EU Frozen Assets Plan for Ukraine
The EU plans to use €90 billion in frozen Russian assets to fund Ukraine, prompting warnings of legal chaos and financial risks from Russia's ambassador to Germany.
- On Friday, Sergei Nechaev, Russia's ambassador to Germany, warned that using Russia's sovereign assets without consent would be theft and have far-reaching consequences for the European Union.
- On Wednesday, the European Union proposed using frozen Russian assets to provide 90 billion euros for Ukraine over two years, but Belgium and Euroclear rejected the plan citing legal risks.
- German Chancellor Friedrich Merz met Belgian Prime Minister Bart De Wever and European Commission President Ursula von der Leyen in Brussels, describing the talk as constructive and agreeing to continue discussions for a common solution by the Dec. 18 and 19 summit.
- Moscow warned the measure would trigger endless lawsuits, destroy the European Union's business reputation, and cause systemic risks to the global financial system, primarily affecting the EU.
- European leaders are searching for new financing as U.S. policy shifts put pressure on Kyiv, proposing an EU-funded loan repayable from Russian reparations with a Dec. 18 summit deadline.
33 Articles
33 Articles
EU to loan €90 billion to Ukraine while delaying Mercosur deal
The aid allocated to Kyiv will take the form of a zero-interest loan, after the bloc failed to agree on using frozen Russian assets. Meanwhile, the free trade agreement with the South American Mercosur trade bloc was postponed to January, as Italy joined France in blocking it.
The EU has found a way to freeze Russia's assets indefinitely to finance Ukraine: EADaily
EADaily, December 8th, 2025. European officials in Brussels has found a way to make decisions on blocking Russian assets without the consent of all EU member states. This statement was made by the Financial Times (FT) newspaper.
Russia's war is probably far from over. New billions of payments are being made to Kiev to the EU, but Belgium is reluctant – what can a solution look like?
The President of the EPP Group in the European Parliament, Weber, has called for the frozen Russian assets to be used to support the people of Ukraine as quickly as possible.
"We will pay forever." That phrase hides, or not so much, the Belgian government's refusal to use frozen Russian funds to help Ukraine. It is the only Member State that opposes it while the European Commission accounts not only to convince Bart de Wever's Executive, but also to reassure the rest of the partners. Brussels is looking for the ideal formula to take which is probably the most difficult step and at the same time the most important one…
La Jornada
estrategia.laAlready close to the fourth anniversary of the Russian invasion of Ukraine, the European Union still did not take one of the most powerful measures to change the situation on the ground: to use frozen Russian assets to help Ukraine fight against the Russian army. That measure would make a great contribution to the future of Ukraine (and that of Europe).
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