February 22, 2025
The European Union is intensifying discussions on how to seize Russia’s frozen central bank assets to provide financial and military aid to Ukraine, as concerns grow that the United States may scale back its support.
EU officials are considering using these assets as collateral for a proposed International Claims Commission, which would assess damages owed to Ukraine, people familiar with the talks told Bloomberg.
If Russia refuses to pay, the assets could be confiscated. The initiative follows signals from Washington that Ukraine may receive less assistance moving forward.
Discussions on asset seizure come amid escalating tensions between U.S. President Donald Trump and President Volodymyr Zelensky. Trump recently criticized Zelensky, calling him a “dictator” and falsely blaming Ukraine for Russia’s full-scale invasion.
As a result, Zelensky has urged European leaders to take greater responsibility in ensuring Ukraine receives sustained financial and military backing. The EU, along with the Group of Seven and Australia, has already frozen approximately $280 billion in Russian central bank assets, primarily held by the Belgium-based clearing house Euroclear. An additional $58 billion in private Russian assets, including luxury properties and yachts, has been frozen under sanctions.
Despite support from EU officials such as Valdis Dombrovskis and Maria Luís Albuquerque, the proposal to confiscate Russian assets faces legal and economic hurdles. Some EU nations, including Germany and France, have voiced opposition, warning that such a move could have significant repercussions for the international role of the euro and undermine legal frameworks governing sovereign assets.
Another option under review involves directing EU member states to seize Russian assets specifically to fund the reconstruction of Ukraine’s energy infrastructure, though legal justifications remain under debate.
The G7 has already pledged profits generated from frozen Russian assets to back a $50 billion loan for Ukraine. Meanwhile, EU legal teams are assessing whether judicial rulings would be necessary to authorize full asset confiscation or if a damage assessment alone could suffice.
The European Commission recently informed EU ambassadors that negotiations to establish the International Claims Commission will begin on March 24. The commission’s role will be to determine the exact amount Russia must pay for war damages.
“The European Union is intensifying discussions on how to seize Russia’s frozen central bank assets to provide financial and military aid to Ukraine, as concerns grow that the United States may scale back its support.”
Has anyone kept track on how many times Europe has discussed this? I’ve lost count.
Anyhow, as the terrorists in moskovia trample on every possible rule, agreement, and international law, the Europeans are splitting hair about purported legal and economic repercussions.
How about a military one? If they don’t get their shit together very soon, they get to dig some trenches.
They would need a fucking round of talks to discuss how to build trenches.
Then they’re just going to die.
It took 5 minutes to freeze it, and it can take 5 minutes to unfreeze it. Remove these bankers from the equation and get the sensible people to sort it out.
Europe’s politicians are no better.
Here is a new outburst of toxic drivel from putler’s number one fan :
Roman Sheremeta reports the following:
“Trump continues to defend russia and accuse Ukraine. Talking on the Fox News radio, he said that “it’s not russia’s fault”, that “russia was attacked” and had to attack in response.”
Quite clearly, the fat pumpkin colored bastard is insane.
Biden had enough time to arm Ukraine to the teeth, to send planes, choppers and give long-range permissions. No American has the ballz to mess with ruSSia except for myself.
You’re not the only American with the balls, Mike.
Yes, Biden had the chance, but he fucked up.
We all agree that Biden was crap.
But he did help Ukraine and keep them in the game.
Trumpkov on the other hand is forging an alliance with a gang of genocidal nazis, which surely is itself deserving of impeachment.
We have tools in place that allow for the impeachment of a president, and surely, Trump should be impeached, and this immediately. What we don’t have anymore is a fully functioning government. Unless the people start showing their anger, nothing will be done to stop the traitor.