Rubio commented on the US position on the assets of the Russian Federation frozen in Europe

Marco Rubio. Photo: Nathan Howard / Reuters
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The United States is aware that a number of European countries are against the use of Russian assets for Ukraine, US Secretary of State Marco Rubio said.

"We are aware of Europe's efforts, but obviously there are several countries that are not enthusiastic about this, but this is Europe's business," Rubio told reporters, speaking about Russian assets.

EU heads of state at the summit in Brussels on October 23 failed to agree on the proposal of the European Commission to use the frozen assets of the Central Bank of the Russian Federation as the basis for a loan to Ukraine. They will return to this issue at the European Council meeting on December 18-19.

Press Secretary of the President of the Russian Federation Dmitry Peskov called the EU plans a step that undermines confidence in the principle of inviolability of property. Russian Foreign Minister Sergei Lavrov said that Russia will respond to the possible confiscation of frozen assets by Western countries and reserves the right not to return the funds that Western states held in Russia.

More than 200 billion euros of frozen assets The Central Bank of the Russian Federation is located in the EU, mainly on the accounts of the Belgian Euroclear, one of the world's largest settlement and clearing systems. In early October, the European Commission announced that the EU had transferred 14 billion euros from the proceeds from the frozen funds of the Central Bank of Russia to Ukraine from January to September 2025.