The EU has begun to prepare an alternative to the confiscation of Russia’s frozen assets
26 November 2025 11:17
The EU countries have started working on a plan B in case they fail to agree on the confiscation of Russia’s frozen assets to finance Ukraine. This was reported by Politico, citing an unnamed EU source, "Komersant Ukrainian" reports.
According to the publication, the issue is urgent due to the intensification of peace talks.
“If we do nothing, others will do it before us,” the source said.
According to four unnamed officials, the EU is considering a “bridging loan” funded by EU borrowing to support the Ukrainian side in the first months of 2026.
Some sources added that European Commission President Ursula von der Leyen has ordered the submission of a draft legal text on the so-called “reparations loan” within a few days. The publication says that a plan to use Russia’s frozen assets to finance Kyiv could strengthen US President Donald Trump’s peace plan.
Prior to that, French President Emmanuel Macron said following a meeting of the “Coalition of the Resolute” that the EU member states would decide on the use of frozen Russian assets in the coming days.
Confiscation of Russian assets
The European Union is considering the possibility of providing Ukraine with a “reparations loan” from frozen Russian assets.
However, so far there is no consensus on this issue in the EU. In particular, Belgium, the country in which most of Russia’s frozen assets are located, is against it. Brussels fears possible lawsuits and penalties from Russia.
At the same time, the EU has begun to consider alternative initiatives to finance Ukraine until a “reparations loan” is agreed upon.
At the same time, Ukraine is urging its European allies to make a political decision to disburse the $163 billion “reparations loan” based on Russia’s frozen assets as early as December.
