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Leaders Warn: Frozen Russian Assets Essential for Ukraine

8/27/2025

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Summary

Story summary

Belgian Prime Minister Bart De Wever and German Chancellor Friedrich Merz cautioned against seizing frozen Russian assets on August 26.
They noted legal complexities and the risk of economic retaliation from other countries.
De Wever emphasized that assets should remain untouched until a peace settlement, as they are crucial for Ukraine's financial support.
Euroclear manages €183 billion of these frozen funds, with the EU utilizing generated interest for Ukraine.

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Story summary

Belgian Prime Minister Bart De Wever and German Chancellor Friedrich Merz cautioned against seizing frozen Russian assets on August 26.
They noted legal complexities and the risk of economic retaliation from other countries.
De Wever emphasized that assets should remain untouched until a peace settlement, as they are crucial for Ukraine's financial support.
Euroclear manages €183 billion of these frozen funds, with the EU utilizing generated interest for Ukraine.