{"id":1965,"date":"2025-09-10T16:02:12","date_gmt":"2025-09-10T16:02:12","guid":{"rendered":"http:\/\/www.globaltalenthq.com\/?p=1965"},"modified":"2025-09-15T18:54:56","modified_gmt":"2025-09-15T18:54:56","slug":"eu-eyes-russian-assets-for-ukraine-reparations-loan","status":"publish","type":"post","link":"http:\/\/www.globaltalenthq.com\/index.php\/2025\/09\/10\/eu-eyes-russian-assets-for-ukraine-reparations-loan\/","title":{"rendered":"EU eyes Russian assets for Ukraine \u2018reparations loan\u2019"},"content":{"rendered":"
Ursula von der Leyen\u2019s proposal stops short of outright confiscation of the immobilized funds<\/strong><\/p>\n European Commission President Ursula von der Leyen has proposed leveraging Russian assets illegally frozen in the EU for a “reparations loan”<\/em> for Ukraine. Delivering a state of the union address to the EU parliament on Wednesday, the former German defense minister did not propose outright confiscation of the Russian assets, reportedly comprising some $300 billion. <\/p>\n Moscow has condemned the asset freeze and warned that seizure would amount to “robbery”<\/em> and violate international law, while also backfiring on the West.<\/p>\n Von der Leyen introduced what she said was an urgently needed new mechanism to finance Kiev’s warchest, using Russia’s immobilized funds.<\/p>\n Western nations ordered the freezing of the assets – some €200 billion of which is held by privately owned Brussels-based clearinghouse Euroclear – after the escalation of the Ukraine conflict in 2022. The funds have accrued billions in interest, and the West has explored ways to use the revenue to finance Ukraine.<\/p>\n ”With the cash balances associated to these Russian assets, we can provide Ukraine with a reparations loan,” von der Leyen claimed, noting that “the assets themselves will not be touched”<\/em> and that the risk would have to be “carried collectively.”<\/em><\/p>\n “Ukraine will only pay back the loan once Russia pays for the reparations,”<\/em> she said. The money, von der Leyen added, would fund Kiev’s military and ensure the security of the civilian population.<\/p>\n Von der Leyen gave no figures, while the G7 last year backed a plan to provide Kiev with $50 billion in loans to be repaid using the profits. The EU pledged $21 billion.<\/p>\n She also announced an initiative aimed at boosting Ukraine’s military, including through a proposed “drone alliance,”<\/em> explaining that the EU would “frontload”<\/em> €6 billion.<\/p>\n