US EditionKaja Kallas Announces EU’s Indefinite Freeze of $246 Billion in Russian Assets Until Reparations Are Paid
10 Articles
10 Articles
Madrid. Yesterday the European Union (EU) indefinitely mobilised almost $246.677 million of Russian assets frozen on European soil, with which it intends to finance the “repair loan” to Ukraine.
The countries of the European Union confirmed this Friday the agreement for the indefinite freezing of the €21 billion – about US$246 billion – of Russian assets frozen on European Union soil.This in a previous step to strengthen the guarantees before resorting to the liquidity of those assets to finance the “repair loan” to Ukraine, which European leaders expect to agree to at next week's summit.The agreement was supported by a “crushing majori…
What Are the Impacts to the EU Should They Seize Russian Monetary Assets?
The European Union’s decision to indefinitely freeze approximately €210 billion ($246 billion) in Russian central bank assets, announced on December 12, 2025, marks a significant escalation in the bloc’s response to Russia’s ongoing war in Ukraine. These assets, primarily held in Belgium through the Euroclear clearinghouse, have been immobilized since early 2022, generating billions in interest that the EU plans to redirect toward supporting Uk…
Venezuela's executive vice president, Delcy Rodríguez, rejected this Saturday the decision of the European Union (EU) to indefinitely freeze some 21 billion euros (about 246,477 million euros) in Russian assets frozen by the sanctions on Moscow.
The European Union agreed to keep the Russian assets mobilised for an indefinite time despite the opposition of Hungary and Slovakia. International relations specialist Rui Henrique Santos points out that "it is not a confiscat" and sees the measure as a signal of unity, but without an effective and still without any consensus on the use of these assets.
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