FinancePolitics The EU is getting ready a plan to generate extra revenue from frozen Russian belongings in assist of Ukraine. Monday, June 23, 2025
The European Union is contemplating transferring frozen Russian state belongings (nearly €200B) from Euroclear in Belgium to a “specialised group” below the auspices of the EU. The primary benefit of shortly creating a brand new fund is that the belongings may be directed to riskier investments which have the potential to generate a lot larger returns, guaranteeing Ukraine’s substantial long-term assist. This is able to generate larger earnings to assist Ukraine amid threats to finish assist for Kyiv from US President Trump. The transfer wouldn’t represent the outright confiscation of Russian belongings, which a number of EU states, together with Germany and Italy, oppose for monetary and authorized causes. Brussels hopes that by spending solely the curiosity and never touching the underlying capital, it may possibly keep away from accusations of violating worldwide regulation. One other potential benefit of the brand new fund is that it might present safety in opposition to Hungary’s veto on extending sanctions and doubtlessly returning the cash to Russia.