What is the EU's plan for frozen Russian assets?

The EU is considering using frozen Russian assets as collateral for a large loan to support Ukraine's economic and military needs.

Why is Belgium opposing the EU's plan for Russian assets?

Belgium fears that using Russian assets could lead to retaliation from Russia, either legally or through other channels.

How much money does Ukraine need from the EU loan?

Ukraine needs approximately 135 billion euros ($157 billion) to cover its economic and military needs over the next two years.

Home / Business and Economy / EU to Seize Russian Assets for Ukraine Loan

EU to Seize Russian Assets for Ukraine Loan

16 Dec, 2025

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Summary

EU envoys are discussing a plan to use frozen Russian assets for a loan.
The loan aims to cover Ukraine's economic and military needs for two years.
Belgium opposes the plan due to fears of Russian retaliation and legal risks.

EU to Seize Russian Assets for Ukraine Loan

European Union envoys are actively working to resolve differences over a proposal to leverage frozen Russian assets for a significant loan to support Ukraine's ongoing economic and military needs. The plan aims to provide Ukraine with an estimated 135 billion euros ($157 billion) over the next two years, a critical lifeline as the war continues.

This unprecedented move faces opposition, notably from Belgium, which fears potential Russian retaliation through legal or other means. The European Central Bank has also cautioned about potential damage to confidence in the euro. Two main options are on the table: a 'reparations loan' using assets until Moscow pays for damages, or the EU borrowing on financial markets, a more difficult prospect given current debt levels.