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EU Moves to Freeze €210 Billion Russian Assets for Ukraine

12/11/2025

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EU Freezes Russian Assets

The European Union (EU) aims to indefinitely freeze about 210 billion euros of Russian assets to finance Ukraine.
The plan relies on Article 122 of the EU treaty to enable qualified-majority decisions.
Russia condemned the move as theft and warned of legal action against the EU.
The EU is preparing guarantees for Belgium.
A December 18 summit will discuss Ukraine financing via the Reparations Loan scheme.

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Japan Rejects EU Plan

Japan declines to join the EU plan to convert Russian assets into loans for Ukraine.
The decision signals a growing G7 split over how to address Russia's war.
Japan holds $40 billion in frozen assets and prioritizes ties with the United States over the EU approach.
Belgium calls for shared G7 responsibility ahead of the EU summit, while Hungary's veto limits Ukraine funding amid a €71.7 billion shortfall next year.

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EU Freezes Russian Assets

The European Union (EU) aims to indefinitely freeze about 210 billion euros of Russian assets to finance Ukraine.
The plan relies on Article 122 of the EU treaty to enable qualified-majority decisions.
Russia condemned the move as theft and warned of legal action against the EU.
The EU is preparing guarantees for Belgium.
A December 18 summit will discuss Ukraine financing via the Reparations Loan scheme.

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