LeadStory

Are frozen Russian assets being given to Ukraine by the EU?

Asked 18 hours ago

Answer

The EU has frozen Russian assets and is debating whether to use them as collateral for loans to Ukraine. No final decision has been made, with legal, financial, and political concerns causing divisions among member states. Most assets remain immobilized, and proposals to use them for Ukraine's support are still under discussion.

Now Playing

France 24

EU leaders urge swift decision on frozen Russian funds for Ukraine

France 24 · Recent
France 24
France 24
Recent
  • EU leaders are divided on using frozen Russian assets for Ukraine 4s
  • EU proposes using €210 billion in Russian assets for a reparations loan 14s
  • Belgium expresses concerns over legal and financial risks 47s
  • Belgium sets three conditions for participation in the scheme 52s
  • Ukraine urges EU to decide on the loan by year-end 1m 28s

References

EU leaders urge swift decision on frozen Russian funds for Ukraine
Icon
France 24
20 hours ago
EU leaders urge swift decision on frozen Russian funds for Ukraine

EU proposes a complex scheme to use €210 billion in frozen Russian central bank assets to generate a reparations loan for Ukraine, but leaders remain divided and no final decision has been made.

Ukraine’s war effort hangs on EU vote to use frozen Russian assets
Icon
Al Jazeera
1 day ago
Ukraine’s war effort hangs on EU vote to use frozen Russian assets

Russian government bank accounts, mostly in Belgium, could back a loan for Ukraine if approved by EU leaders. The decision is pending and seen as critical for Ukraine's defense.

EU leaders to vote on Ukraine loan backed by frozen Russian assets
Icon
Al Jazeera
1 day ago
EU leaders to vote on Ukraine loan backed by frozen Russian assets

Euroclear warns using Russian assets for a Ukraine loan could be illegal confiscation. Belgium rejects the plan without guarantees, and public opinion is largely against it. The proposal is still under debate.

Do Europeans support using frozen Russian money to back Ukraine?
Icon
Euronews
2 days ago
Do Europeans support using frozen Russian money to back Ukraine?

The European Commission is urging Belgium to approve a reparations loan for Ukraine using frozen Russian assets, but approval is still pending.

How Russia strikes back at EU asset seizure scheme
Icon
DW News
3 days ago
How Russia strikes back at EU asset seizure scheme

The European Commission proposes borrowing against €210 billion in frozen Russian assets to fund reparation loans for Ukraine, but Ukraine would only repay if Russia pays reparations. The plan is not yet finalized.

Russian frozen assets — the EU is finally playing hardball
Icon
Euronews
4 days ago
Russian frozen assets — the EU is finally playing hardball

The EU has frozen €210 billion of Russian assets indefinitely, with any unfreezing now requiring a majority vote. The assets are not yet given to Ukraine, but the freeze enables future support discussions.

EU locking in Russian assets for good
Icon
Euronews
6 days ago
EU locking in Russian assets for good

The EU has decided to indefinitely immobilize €210 billion in Russian assets, mainly at Euroclear in Brussels, but has not yet transferred them to Ukraine.

EU triggers emergency clause to indefinitely immobilise Russian assets
Icon
Euronews
8 days ago
EU triggers emergency clause to indefinitely immobilise Russian assets

Brussels planned to use frozen Russian assets to issue a reparations loan for Ukraine, but alternative US proposals and concerns about losing leverage have delayed action.

What Are People Asking?