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News in English (USA) / 18.03.2025 / 13:00

Europe Pushes for Seizing Frozen Russian Assets Amid Ongoing Conflict

Amid escalating tensions and ongoing military support for Ukraine, European countries, particularly the UK and EU, are increasingly focusing on the potential confiscation of frozen Russian assets. The discussion centers on over $300 billion held in Russian central bank reserves, with several nations, including France and the Czech Republic, advocating for these funds to be repurposed to aid Ukraine. Lawmakers in France have already pushed for the seizure of Russian assets, reflecting a growing consensus in Europe regarding the need to use these funds to bolster military initiatives in support of Ukraine. However, divisions remain within the EU about how best to handle these assets, with some allies expressing concerns over the implications of such actions. The urgency of the situation is underscored by the upcoming peace talks related to Ukraine, prompting further discussions on this contentious issue among European leaders.
The Associated Press, Reuters, Bloomberg, Kyiv Independent, Yahoo, Meduza, POLITICO Europe, Eurasia Daily, MSN, Euronews