EU aims to agree by Friday to long-term freeze of Russian central bank assets

EU aims to agree by Friday to long-term freeze of Russian central bank assets


The move is the basis for the EU's plan to use the Russian sovereign assets in the EU for a loan to Ukraine that would keep it ⁠financed in 2026 and 2027, allowing the country to continue to defend ‍itself against Russia's invasion. The European Commission said last week that using this legal option was justified in the case of the Ukraine loan to preserve the stability of the economy affected by Russia's war in Ukraine and the ⁠hybrid warfare of Russia against EU countries. "The (EU) economic situation could be further destabilized if the security context was to further deteriorate, as a result of Russia's intervention in Ukraine or in the Member States," the Commission said, arguing that if Ukraine ran out of money and could no longer defend itself, the EU's economic situation would become much worse still.


Published at: 2025-12-11 21:38:18

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