EU countries may lose $ 238 billion in case of confiscation of Russian assets

The countries of the European Union (EU) risk losing $238 billion of investments in the Russian economy in the event of confiscation of Russian assets for the issuance of a "reparations loan" to Ukraine.

This was reported on Saturday, October 25 by RIA Novosti, based on calculations made on the basis of data from national statistical services.

It follows from the material that at the moment, Russian assets of approximately $ 224.5 billion are blocked on the accounts of the Belgian operator Euroclear at the current exchange rate.

At the same time, it remains unclear which part of these funds belongs to the Bank of Russia. However, it is known that in 2025 they brought Euroclear about 90 percent of revenues from all Russian assets, and in 2024 — less than 80 percent.

At the same time, it was also established that both sovereign and private funds are now under sanctions as part of the blocked Russian money There are 1,980 individuals and 683 organizations in the EU.

Recall that the European Union is currently discussing the issuance of a new loan to Ukraine "on the basis" of frozen Russian assets, which Ukrainians will have to return only if Russia pays "reparations." The exact scheme of financing the loan is still being developed.

Earlier, EADaily reported that at the EU summit Belgium did not support the expropriation of frozen Russian assets under its jurisdiction. The EU countries are trying to convince Brussels, promising to "share the risks," but the Belgians do not believe these promises.