EU Freezes $246 Billion in Russian Assets; Ukraine Support Discussed
Photo by Aaron Burden on Unsplash
Keir Starmer and Ursula von der Leyen talked about using frozen Russian assets to fund Ukraine, after the EU decided on December 12, 2025, to freeze $246 billion in Russian central bank assets. This EU action, under Article 122, aims to ensure Kyiv's funding won't run out by April 2026, though Belgium has worries about Russian retaliation.
Key takeaways
- British Prime Minister Keir Starmer and European Commission President Ursula von der Leyen have discussed utilizing frozen Russian assets to finance Ukraine, according to Reuters
- This discussion follows the European Union's decision on December 12, 2025, to indefinitely freeze approximately $246 billion (€210 billion) in Russian central bank assets, a move reported by Forbes
- The EU's action, implemented under Article 122 of the EU treaty, aims to mitigate concerns regarding the potential depletion of Kyiv's funding by April 2026
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