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EU Debates Seizing €210 Billion in Frozen Russian Assets for Ukraine

9/2/2025

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Summary

Story summary

The EU is considering using €210 billion in frozen Russian assets to aid Ukraine's defense and reconstruction.
Some member states support immediate seizure, while others, like Belgium, France, and Germany, raise legal issues.
EU foreign policy chief Kaja Kallas stated Russia must pay reparations before assets are returned.
Ongoing discussions reveal a funding gap for Ukraine, with differing opinions on asset utilization.
Belgium's foreign minister cautioned that confiscation could destabilize the euro and breach international law.

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Story summary

The EU is considering using €210 billion in frozen Russian assets to aid Ukraine's defense and reconstruction.
Some member states support immediate seizure, while others, like Belgium, France, and Germany, raise legal issues.
EU foreign policy chief Kaja Kallas stated Russia must pay reparations before assets are returned.
Ongoing discussions reveal a funding gap for Ukraine, with differing opinions on asset utilization.
Belgium's foreign minister cautioned that confiscation could destabilize the euro and breach international law.