Wednesday, October 21, 2026

EU Commission Drops Push to Confiscate Frozen Russian Assets for Ukraine — Belgian PM

The European Commission will no longer propose confiscating frozen Russian assets to finance Ukraine, Belgium's prime minister said. 

If individual European leaders continue talking about confiscation, they are doing so 'out of ignorance,' he added.

Since 2023, Zelensky and European leaders have repeatedly called for the frozen Russian assets to be handed over to Ukraine, arguing that the money is needed for the military and to cover budget shortfalls.

Just a week ago, Zelensky said Russia was planning to recover the frozen assets and argued that they should therefore be transferred to Ukraine as quickly as possible.

ℹ️ Content Notice: This text is an English translation and factual adaptation of news events, edited for clarity and objective reporting.
Source of information: News Agency e.g.: REUTERS / TASS / AFP / ANADOLU / INT.RU /Al Jazeera / CNN

1 comment:

  1. De Wever did not rule out the possibility that some EU member states might once again attempt to raise the issue of Russian assets. He criticized Dutch Deputy Prime Minister Rob Jetten for publicly supporting the seizure of these funds, noting that new leaders, who were not involved in last year’s debates, are now putting forward arguments that he had managed to "nip in the bud" a year ago.

    According to him, he warned his colleagues that even public statements in favor of confiscation could carry legal consequences.

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