EU postpones decision on €140bn of frozen Russian assets
At the summit in Brussels, EU leaders decided to postpone a key decision to use the frozen assets of the Russian Federation to support Ukraine.
Reasons for the delay
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The main obstacle was the position of Belgium, which requested a additional guarantees, The company is not responsible for any legal or financial risks.
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The amount in question is about €140 billion frozen assets of the Russian Federation, which could become the basis for a «loan repayment» in favour of Ukraine.
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The decision has been postponed until December, when the working groups will present options for implementing the mechanism.
What it means for Ukraine
This shift has delayed the implementation of a financial mechanism that could have provided significant financial support to Ukraine for 2026-2027.
Context.
The idea of using the frozen assets of the Russian Federation is to provide Ukraine with a long-term (or one-off) financial injection, but without direct confiscation - in view of legal and international risks.
