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    Von der Leyen: EU retains switch of frozen Russian belongings to Ukraine on agenda

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    The European Union has mentioned it’s nonetheless contemplating a "reparation mortgage" for Ukraine primarily based on immobilised Russian belongings and has not dropped this strategy.

    Supply: European Pravda correspondent from Brussels, citing European Fee President Ursula von der Leyen

    Quote: "There's one other ingredient, that I wish to emphasise, that was agreed in parallel to right this moment's package deal within the European Council in December. Our proposal on the reparation mortgage stays on the desk.

    It is usually crucial for us to ship a stark reminder to Russia that we reserve the correct to utilize immobilised Russian belongings."

    Particulars: Von der Leyen added that Russian belongings within the EU will stay frozen till the warfare ends and reparations are paid, noting that Ukraine will not be obliged to repay the mortgage till reparations are paid.

    Quote: "You additionally see it mirrored in the truth that Ukraine wouldn’t need to pay again the mortgage till reparations are being paid."

    Background:

    • On 14 January, the European Fee accepted a package deal of legislative proposals that paves the best way for the European Union to supply Ukraine with a €90 billion mortgage to cowl its monetary and navy wants in 2026 and 2027.
    • On 18-19 December 2025, the European Council determined to supply Ukraine with a €90 billion mortgage for 2026 to 2027 funded by EU borrowing on capital markets and supported by EU finances reserves underneath the improved cooperation mechanism with Ukraine.
    • Hungary, Slovakia and Czechia didn’t veto the scheme however declined to participate.
    • On 22 December 2025, the European Fee adopted a proposal for a Council of the EU determination permitting enhanced cooperation with Ukraine, a primary step in the direction of securing the mortgage funds. After EU ambassadors in Brussels accepted the draft Council determination on authorising enhanced cooperation to determine a mortgage for Ukraine, it has been despatched to the European Parliament for approval, which may happen as early as subsequent week.

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