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EU spokesperson: 'Intensive discussions' ongoing on use of Russian frozen assets

ReutersNov 28, 2025 10:33 AM

- An EU spokesperson said on Friday "intensive discussions" were ongoing, including with Belgium, on the use of Russian frozen assets to fund Ukraine.

Belgium's support for the plan is crucial as the assets the EU hopes to use are held by Belgium-based financial institution Euroclear.

The country's Prime Minister Bart De Wever said that using the assets could derail Ukraine peace deal, in a letter to European Commission President Ursula von der Leyen seen by Reuters on Friday.

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