The European Commission Looks for New Ways to Tap Russian Assets for Ukraine, the Financial Times Wrote
12 Articles
12 Articles
Commission says immediate priority is assessing Kyiv's financing needs before considering possible tools
About 210 billion euros of Russian central bank funds are frozen in EU countries, most of them in Belgium. The intention is to use these funds to support Ukraine, but Belgium is opposed to this, fearing legal and financial consequences. According to Euronews, the EU is looking for a way to move the stalled discussions forward. One of the proposals is to transfer the administration of these assets to an EU-controlled institution.
The European Commission Resumed Its Work on the Confiscation of the Assets of the Russian Federation
One option is to transfer Russian accounts to the Belgian depositary Euroclear and other financial institutions in Europe into a separate structure.
The European Commission resumes its work on finding legally sound ways of accessing frozen Russian assets for transfer to Ukraine and reports on Friday Financial Times (FT).
EADaily, 11 September 2026. In the European Commission, efforts are being made to find "new, justified options" for using frozen Russian assets to transfer them to Ukraine, as reported by the Financial Times (FT).
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