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Ukraine to Control €200 Billion in Frozen Russian Assets

10/14/2025

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Summary

Story summary

EU foreign policy chief Kaja Kallas stated that Ukraine should decide how to use funds from a proposed reparations loan backed by frozen Russian assets.
The remarks were at a press conference with Ukrainian President Volodymyr Zelensky.
Leaders from Great Britain, France, and Germany will coordinate using assets.
European officials are weighing €200 billion in frozen Russian central bank assets for long-term funding, with a political agreement planned at summit.

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Story summary

EU foreign policy chief Kaja Kallas stated that Ukraine should decide how to use funds from a proposed reparations loan backed by frozen Russian assets.
The remarks were at a press conference with Ukrainian President Volodymyr Zelensky.
Leaders from Great Britain, France, and Germany will coordinate using assets.
European officials are weighing €200 billion in frozen Russian central bank assets for long-term funding, with a political agreement planned at summit.