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Finland Proposes €200 Billion Russian Assets Loan for Ukraine

10/19/2025

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Story summary
  • Finnish President Alexander Stubb called for using €200 billion in frozen Russian assets as a loan to Ukraine to press negotiations on the Ukraine war.
  • Stubb warned Russia's economy is on the brink of collapse.
  • He said Finland will not recognize Crimea, Donetsk, and Luhansk as Russian territory.
  • Stubb advocated Ukraine's postwar EU and NATO membership.
  • He announced Finland's 30th military aid package to Ukraine worth €52 million.