Ukraine-Russia war latest: EU agrees indefinite freeze on €210bn of Russian assets
CloseTrump says US will attend Ukraine peace talks with Europe but doesn’t want to ‘waste time’The European Union on Friday decided to indefinitely freeze €210bn worth of Russia’s assets, so that Hungary and Slovakia, two countries with friendly relations with Moscow, cannot prevent billions of euros from being used to support Ukraine.
Hungary and Slovakia have opposed providing more support to Ukraine in the past, but today’s decision prevents them from blocking the sanctions rollover and makes it easier to use the assets.
The move also stops the assets, estimated to total around 210 billion euros ($247 billion), from being used in any negotiations to end the war without European approval.
EU Council President António Costa said European leaders had committed in October “to keep Russian assets immobilised until Russia ends its war of aggression against Ukraine and compensates for the damage caused. Today we delivered on that commitment.”
A 28-point plan drafted by US and Russian envoy..
