The EU continues to be considering the confiscation of frozen Russian belongings.

FinancePolitics The EU continues to be considering the confiscation of frozen Russian belongings. Monday, March 24, 2025

EU leaders haven’t dismissed the potential confiscation of those belongings. As famous by Radio Free Europe/Radio Liberty, a declaration concerning Ukraine states that “Russian belongings ought to stay frozen till Russia halts its aggressive struggle towards Ukraine and compensates for the injury induced.”

One diplomat defined that this wording was agreed upon as a response to discussions about presumably lifting or easing sure Western sanctions towards Russia throughout peace talks, given the menace that Hungary may block the extension of Russian sanctions.

In the meantime, Belgian Prime Minister Bart de Wever said that confiscating practically €200 billion value of Russian belongings frozen in Europe can be “an act of struggle,” pose “systemic dangers to the whole international monetary system,” and will provoke retaliation from Moscow.

Moreover, the UK has frozen over £25B ($32.3B) of Russian belongings and can proceed to impose stringent monetary sanctions as a part of a broader response to Russia’s full-scale invasion of Ukraine.