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Zelenskiy Tells Europe: Use Frozen Assets to End Russia’s Appetite for War

Zelenskiy urged EU leaders to use $250 billion in frozen Russian assets to fund a loan for Ukraine and deter Russia's continued war effort, ahead of a key EU summit.

  • On Dec 17, Zelenskiy urged EU allies to decide on using nearly $250 billion of frozen Russian assets in Belgium's Euroclear to support Ukraine, calling on partners to act so Russia's war becomes `pointless`.
  • During a December 16 visit to The Hague, Zelenskiy addressed the Dutch House of Representatives, while EU governments agreed last week to keep Moscow's frozen assets frozen indefinitely.
  • Signals from Moscow point to continued military intent, as Zelenskiy said Russia’s actions show it intends to fight next year despite differing official orders to its army.
  • Zelenskiy urged his partners to `have the courage to see the truth, acknowledge the truth and act accordingly`, saying `the outcome of these meetings — the outcome for Europe — must be such that Russia feels that its desire to continue fighting next year will be pointless`, Zelenskiy said in his evening address.
  • Legal exposure worries and Kremlin threats shape the political calculus, as some European leaders oppose repurposing frozen assets fearing legal risk and President Vladimir Putin vows more land seizures.
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By Lauren Kent and Olesya Dmitracova, CNN. The European Union (EU) is on the brink of a momentous decision on whether to use frozen Russian assets to fund further support for Ukraine, an unprecedented plan that has sparked a standoff between the many member states that support it and Belgium, where most of the assets are held. EU leaders are scheduled to decide on the measure at a summit planned for Thursday and Friday. But the potential use of …

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Ukrainian President Volodymyr Zelenskyy called on Ukraine's allies today to provide support for Kiev and show Russia that continuing the war is "pointless."

·Belgrade, Serbia
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Devdiscourse broke the news in India on Wednesday, December 17, 2025.
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