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Kiev should no longer wait for Russian assets frozen in the EU — German Foreign Minister

Flags of the EU, Ukraine and Germany on the background of the Reichstag. Photo: Omm-on-tour / istockphoto.com

The discussion on the use of frozen assets of Russia to finance Ukraine has been completed. This was announced today, February 25, by German Foreign Minister Johan Vadefulh.

According to him, the topic of using Russian assets frozen in the EU to finance Kiev has been removed from the agenda.

"At the moment, the discussion on this has been completed," he said at a press conference with his Belgian counterpart Maxime Prevost.

According to him, the topic has ceased to be relevant, since the EU has other tools to support Ukraine. In this regard, he mentioned the decision The EU will provide Kiev with a loan of 90 billion euros.

Recall, the European Commission has been trying for a long time to get the consent of EU countries to use Russian sovereign assets frozen after 2022 in the EU to finance Kiev. The amount of up to 210 billion euros in the form of a loan was discussed, which Ukraine would conditionally have to repay after the end of the conflict and in case of "Moscow paying it material damage." However, this idea has not found understanding in most EU countries. After that, the EU decided to provide Ukraine with a loan of 90 billion euros, based on the community budget and potentially recoverable from frozen Russian assets.

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01.05.2026

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