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News in English (USA) / 04.12.2025 / 14:00

Europe Faces Opposition Over Plan to Use Frozen Russian Assets for Ukraine Aid

In the ongoing diplomatic and financial struggle regarding support for Ukraine, the European Union is actively proposing the use of approximately $105 billion in frozen Russian assets to fund aid for the embattled nation. However, this controversial plan has drawn significant criticism, particularly from Belgium, which argues that seizing Russian assets could escalate tensions and provoke a severe response from Moscow. Russian officials, including Medvedev, have labeled the potential EU actions as tantamount to war, threatening harsh repercussions for any asset seizures. Despite these warnings, the EU seeks to finalize a financing plan that could involve loans and reparations, with talks continuing among European leaders. The stakes remain high as countries like Poland emphasize that the decisions made could dramatically influence the ongoing conflict, while discussions on alternative funding solutions continue amidst legal and diplomatic hurdles.
CNBC, politico.eu, The New York Times, Reuters, Financial Times, The Guardian, BBC, Bloomberg.com, AP News, Euronews.com