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France Rejects Seizing $350 Billion in Russian Assets

3/5/2025

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Summary

Story summary

France's government has firmly declined to seize $350 billion in frozen Russian assets, prioritizing legal obligations and international treaties. Economy Minister Eric Lombard stressed that France is not in conflict with Russia. As European leaders seek new financial avenues for Ukraine, concerns grow over potential cuts to U.S. military aid, prompting calls for the swift release of assets.

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Story summary

France's government has firmly declined to seize $350 billion in frozen Russian assets, prioritizing legal obligations and international treaties. Economy Minister Eric Lombard stressed that France is not in conflict with Russia. As European leaders seek new financial avenues for Ukraine, concerns grow over potential cuts to U.S. military aid, prompting calls for the swift release of assets.