Yesterday at 21:51
President of the European Commission Ursula von der Leyen has welcomed the decision by EU member states to indefinitely freeze Russia’s sovereign assets within the EU. She announced this on X, UATV English reports.
“I welcome the Council’s decision on our proposal to extend the freezing of Russian sovereign assets. We are sending Russia a clear signal that as long as this brutal war of aggression continues, Russia’s costs will continue to rise,” von der Leyen stated.
She added that the decision also carries a powerful message for Ukraine.
“We want to ensure that our brave neighbour becomes even stronger on the battlefield and at the negotiating table,” the Commission President said.
For his part, European Council President António Costa stressed that EU leaders have fulfilled their commitment regarding Russian assets and that the next step will be securing Ukraine’s financial needs for 2026–2027.
“At the October European Council, EU leaders committed to keeping Russian assets blocked until Russia ends its aggressive war against Ukraine and compensates for the damage caused. Today, we delivered on that commitment. Next step: securing Ukraine’s financial needs for 2026–2027,” he said.
As reported earlier, EU ambassadors have agreed to freeze Russia’s sovereign assets indefinitely, removing the main obstacle to providing Ukraine with a “reparations loan” of €210 billion.
