European Council President António Costa stated that frozen Russian assets in the EU will remain blocked until the Ukraine confl
13 Dec 2025, 07:51
European Council President António Costa stated that frozen Russian assets in the EU will remain blocked until the Ukraine conflict concludes and Russia provides reparations for damages. Experts indicate that the EU's freeze aims to maintain negotiation leverage and facilitate confiscation for Ukraine's reparations. Italy, Belgium, Malta, and Bulgaria oppose outright confiscation, proposing instead the issuance of EU joint debt for Ukraine, Politico reports. max