How Europe could seize frozen Russian assets to fund Ukraine

The European Union and Ukrainian flags fly against Berlimon, the headquarters of the European Union Committee, for the third anniversary of the wide range of Ukraine by Russia on February 24, 2025 in Brussels, Belgium.
Terry Monas Getty Images News | Gety pictures
President Donald Trump’s return to the White House turned America’s entire position on Ukraine’s support, prompting European countries to consider new options to support military support to Kev.
Last month, US President Blame on Ukraine to start the warand Ukrainian President Volodimir Zelinski called a dictator – Even as Ukraine was prevented from holding elections during the war since the invasion of Russia in 2022 – Unilateral talks with Russia in the Kingdom of Saudi Arabia began to resent Ukrainian and European officials. Those who did not include.
The tensions escalated last week after a TV explosives clash At the Oval Office between Trump, US Vice President JD Vance and Zelenskyy. According to what was reported, the United States stopped military support for Ukraine, while an evaluation of the situation is being made.
European leaders Get together to stand behind Ukraine Amid the support of the United States. One of the mechanisms that Europe has at its disposal to compensate for the deficiency of American support is Take the entire frozen Russian origins It was held in the area.
What are the Russian origins and where they are being held?
What can these assets use?
There was a lot of discussion throughout the war on whether these assets could be used to support Ukraine. In June 2024, In principle, the G7 agreed to issue $ 50 billion in loans To Ukraine, which was backed by profits from about 300 billion euros of frozen Russian origin.
Since then, European member states have refrained from pursuing the full seizure of these assets due to concerns about legal and economic repercussions.
The recent escalation of tensions between the bloc and the United States led the European Union to explore more aggressive work, I mentioned Bloomberg. The idea is the international claims committee that has not been established after it demands the provision of compensation from Russia, and if they do not agree, to completely seize it, Bloomberg reported that people are aware of the conversations.
Who is in Europe with the use and against these assets to help Ukraine?
Many European Union figures have expressed support for full seizures, including the head of foreign policy Kaja Callas Economy Commissioner Valdes Dombrovscis.
At the European Union Foreign Affairs meeting at the end of February, Class stated This work was to reach the asset seizure agreement “continuous” and that “in the end, especially in the situation in which we are now, we all reach the conclusion that our taxpayers should not be the ones who pay in exchange for this. It must come from the country that destroys Ukraine, which is Russia.”
Also near the end of last month, UK Foreign Minister David Lami told the British Parliament that “Europe should act quickly, and I think we must move from the assets of freezing to the seizure of assets.” Estonia and Poland She also expressed support for assets seizure.
in statement It was published earlier this week, after reports of withdrawing military aid in the United States, which prompted Estonia’s escalation of Europe: “You claim that there are no legal ways to use frozen assets in Russia that are unfounded.
Nigel Gold Davis, an older colleague in Russia and Eurasia at the International Institute for Strategic Studies (IISS) by e -mail, told “many Central European countries sympathetic to the seizure issue, although it is reluctant to say publicly in the absence of a joint position of the European Union.”
However, many countries are afraid, especially pointed to Germany and France as “the main reservation”.
This can change now, With the report of FT, both countries are open for discussion Asset off.
How will these assets be seized?
In theory, all 27 European Union member states can unanimously agree to seize Russian assets and “Belgium’s authorization to confiscate assets”.
Steinbach said the other option will be for Belgium to follow up on the confiscation of assets separately if the European Union sanctions end without renewal. However, it seems that Belgium is unlikely to do so, as it did It is said Be careful of the legal and economic risks posed by the seizure of assets to the euro area.
Steinbach also commented that it will be “morally convincing but legally difficult” for Europe to seize Russian origins, as Europe is limited to taking counter -measures against the violations of international law of Russia, which must be “temporary” and “reflected”, according to international law.
However, “at the same time, Ukraine has a demand against Russia to pay the costs of war injuries. The question is whether the European Union can impose this damage to Ukraine’s demand by confiscating Russian assets,” the professor said.
He referred to a “creative proposal” in which Ukraine transmits, “calling for damage against Russia to the G7” that will implement this claim to Kev through “launch” against Russian origins. Steinbach noted that “such a transfer has never happened under international law before” and that the issue of immune protection of sovereign assets is also continuing.
Note iiss’ gould-davies that Wide studies by international lawyers He showed that “there is a safe legal path” to seize, and that fears of economic repercussions were exaggerated.
“When the assets were first frozen – the moment when Russia lost access – there was no negative impact on European economic or financial stability,” he said.
What happens now?
With talks to end the ongoing war, there is no current clarity on the possible result, Europe is still considering whether the seizure of Russian assets to help Ukraine can allow the purchase of additional weapons, or whether these funds can help rebuild the country.
David Roche, the veteran and strategic investor in Quantum Strategy, said that as part of its discussions with the United States, Russia will demand non -frozen assets and have returned to help strengthen its economy, “said David Roche, a veteran and strategic investor in Quantum Strategy.
“There is no doubt that Putin wants [them] He told CNBC on February 26, adding that Putin will look forward to a deal with Trump, who could pressure Europe in heterogeneous origins stored on European soil.
Russia has also expressed before It will decrease in the case of seizing its origins.
The withdrawal of American support and the urgent need for Europe to intensify defensive spending “makes the Russian seizure even rational and urgent,” Gold Davis said, “Why don’t you take free money from the aggressor?”
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2025-03-06 09:21:00