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EU Freezes €210 Billion in Russian Assets for Ukraine Reparations

12/12/2025

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Summary

Story summary

The European Union has immobilised €210 billion of Russian Central Bank assets as Ukraine reparations talks under Article 122.
The assets are held at Euroclear in Brussels and cannot be transferred back to Russia until reparations are paid.
Belgium has expressed concerns about legality and risks and seeks conditions for support, including mutualisation of risks.
The EU aims to finalise discussions before December 18, 2025.

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Story summary

The European Union has immobilised €210 billion of Russian Central Bank assets as Ukraine reparations talks under Article 122.
The assets are held at Euroclear in Brussels and cannot be transferred back to Russia until reparations are paid.
Belgium has expressed concerns about legality and risks and seeks conditions for support, including mutualisation of risks.
The EU aims to finalise discussions before December 18, 2025.