EU Weighs Seizing Frozen Russian Assets to Fund Ukraine’s Reconstruction

Mace | 26th February 2025 | Kyiv, Uncategorised

European,Parliament,Building,In,Brussels.,Glass,Facade.

EU eyes €200 billion in frozen Russian assets to rebuild Ukraine—risking legal battles and global financial shockwaves.

EU Debates Seizing Frozen Russian Assets to Fund Ukraine’s Reconstruction The European Union is intensifying deliberations over the potential seizure of more than €200 billion in frozen Russian assets to finance Ukraine’s reconstruction, a move that could reshape international financial norms and strain diplomatic ties with global powers. Since Russia’s full-scale invasion of Ukraine in 2022, approximately €200 billion in Russian central bank assets have been immobilised by the EU, primarily held by Euroclear, a Brussels-based financial clearinghouse. The interest generated by these assets—estimated at billions annually—is now being considered as a source of funding for Ukraine’s rebuilding. Proposals under review focus on utilising profits from these frozen assets to aid Ukraine without confiscating the principal funds. This approach is intended to minimise legal risks while providing essential financial support. However, some EU policymakers have called for more assertive measures, a...

Subscribe to The Mace

Join the member community shaping British politics and stay ahead of what's really happening in the world of politics and public affairs, with expert analysis, breaking news, and insider insights from Westminster and Brussels. The Mace is the leading news source and resource for the government affairs industry, offering required reading and lobby intelligence for professionals.

To see what you are missing out on by not subscribing to The Mace, click here to download our full membership info-pack. This includes having no paywall on op-ed content or profiles/interviews, allowing professional profiles to be read with maximum impact and visibility by government, special advisers, MPs, peers, civil servants, and policy and political decision-makers.

Leader in UK Public Affairs: Dr Michelle Howard, Senior Advisor for Defence and Space, Lexington Communications: “The future of public affairs is full of promise for the creative”

Mace | September 16, 2026

Lexington’s Michelle Howard explains how an unconventional career spanning opera, journalism, hydropower and defence led her into public affairs, why political instability rewards creativity and listening, and what